Chevron Stock Financials

CVX -  USA Stock  

USD 126.91  1.54  1.20%

Understanding current and past Chevron Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chevron Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Chevron Corp's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Chevron Corp's financials over time to get the whole picture.
Chevron Corp Revenue Per Employee is fairly stable at the moment as compared to the past year. Chevron Corp reported Revenue Per Employee of 2.27 Million in 2021. Average Assets is likely to rise to about 281.9 B in 2022, whereas Net Income Per Employee is likely to drop (136.7 K) in 2022.
We suggest to use Chevron Corp fundamental analysis to see if markets are presently mispricing the company. Put another way, you can use it to find out if Chevron Corp is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for thirty-eight available fundamental indicators for Chevron Corp, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Chevron Corp financials, including its shares owned by institutions, debt to equity, working capital, as well as the relationship between the gross profit and price to earnings to growth . Given that Chevron Corp has a price to earning of 24.92 X, we suggest you to validate Chevron Corp prevailing market performance to make sure the company can sustain itself down the road. Use Chevron Corp to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Chevron Corp to be traded at $123.1 in 90 days.

Chevron Fundamentals 

 
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With this module, you can analyze Chevron financials for your investing period. You should be able to track the changes in Chevron Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Chevron Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Chevron Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Chevron Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Chevron Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Chevron Corp.

Chevron Corp Cash

Chance Of Financial Distress
Less than 15
Chevron Corp has less than 15 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Chevron Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Chevron Corp's official financial statements usually reflect Chevron Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Chevron Corp. For example, before you start analyzing numbers published by Chevron accountants, it's critical to develop an understanding of what Chevron Corp's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Chevron Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chevron Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Chevron Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chevron Corp. Please utilize our Beneish M Score to check the likelihood of Chevron Corp's management to manipulate its earnings.

Chevron Corp Company Summary

Chevron Corp competes with Cenovus Energy, Adams Resources, Ecopetrol, Imperial Oil, and Equinor ASA. Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. Chevron Corp operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 47736 people.
Foreign Associates
Specialization
Energy, Oil & Gas Integrated
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000093410
ISINUS1667641005
CUSIP166751107
Older SymbolCHV
RegionNorth America
LocationCalifornia; U.S.A
Business Address6001 Bollinger Canyon
SectorEnergy
IndustryOil & Gas Integrated
BenchmarkDOW
Websitewww.chevron.com
Phone925 894 6017
CurrencyUSD - US Dollar
You should never invest in Chevron Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Chevron Stock, because this is throwing your money away. Analyzing the key information contained in Chevron Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Chevron Corp Key Financial Ratios

Generally speaking, Chevron Corp's financial ratios allow both analysts and investors to convert raw data from Chevron Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Chevron Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Chevron Corp reports annually and quarterly.

Chevron Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories5.58 B5.7 B5.85 B5.68 B6.53 B6.84 B
Receivables15.35 B15.05 B13.32 B11.47 B13.19 B16.63 B
Accounts Payable14.56 B13.95 B14.1 B10.95 B12.59 B16.47 B
Total Assets253.81 B253.86 B237.43 B239.79 B275.76 B288.24 B
Current Assets28.56 B34.02 B28.33 B26.08 B23.47 B28.46 B
Assets Non Current225.25 B219.84 B209.1 B213.71 B245.77 B250.31 B
Cash and Equivalents4.81 B10.29 B5.69 B5.6 B5.04 B7.49 B
Total Debt38.76 B34.46 B26.97 B44.31 B50.96 B44.18 B
Debt Current5.19 B5.73 B3.28 B1.55 B1.78 B1.83 B
Debt Non Current33.57 B28.73 B23.69 B42.77 B49.18 B41.15 B
Shareholders Equity148.12 B154.55 B144.21 B131.69 B151.44 B163.01 B
Inventory5.58 B5.7 B5.85 B5.68 B5.11 B5.18 B
Investments32.51 B35.6 B38.75 B39.08 B44.95 B41.25 B
Investments Current9 M53 M63 M31 M27.9 M28.63 M
Total Liabilities104.49 B98.22 B92.22 B107.06 B123.12 B123.95 B
Current Liabilities27.74 B27.17 B26.53 B22.18 B19.96 B22.87 B
Tax Liabilities17.36 B18.49 B16.24 B14.44 B13 B15.45 B

Chevron Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Chevron Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses75.77 B94.58 B80.11 B50.49 B58.06 B88.01 B
Consolidated Income9.27 B14.86 B2.85 B(5.56 B)(5 B)(5.14 B)
Cost of Revenue107.22 B119.99 B105.63 B75.31 B67.78 B90.27 B
Gross Profit34.5 B46.35 B40.88 B19.38 B17.44 B17.9 B
Interest Expense307 M748 M798 M697 M801.55 M740.41 M
Net Income9.2 B14.82 B2.92 B(5.54 B)(4.99 B)(5.12 B)
Operating Expenses24.97 B25.03 B34.55 B26.14 B30.06 B30.16 B
Operating Income9.53 B21.32 B6.33 B(6.76 B)(6.08 B)(6.24 B)
Revenues141.72 B166.34 B146.52 B94.69 B85.22 B118.06 B
Income Tax Expense(48 M)5.71 B2.69 B(1.89 B)(1.7 B)(1.75 B)

Chevron Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Chevron Corp. It measures of how well Chevron is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Chevron Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Chevron had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Chevron Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(8.31 B)(11.4 B)(11.16 B)(5.95 B)(6.85 B)(7.39 B)
Depreciation Amortization and Accretion19.35 B19.42 B29.22 B19.51 B22.43 B22.53 B
Net Cash Flow or Change in Cash and Cash Equivalents(2.47 B)4.54 B(3.57 B)(174 M)(156.6 M)(168.96 M)
Net Cash Flow Business Acquisitions and Disposals(16 M)111 M(1.25 B)(1.05 B)(941.4 M)(966.17 M)
Issuance Purchase of Equity Shares1.12 B(604 M)(2.94 B)(1.53 B)(1.76 B)(1.9 B)
Issuance Repayment of Debt Securities7.47 B(7.46 B)(4.5 B)(7.85 B)6.72 B7.25 B
Payment of Dividends and Other Cash Distributions(8.13 B)(8.5 B)(8.96 B)(9.65 B)(8.69 B)(9.37 B)
Net Cash Flow from Financing(14.55 B)(13.7 B)(19.76 B)(3.74 B)(3.36 B)(3.63 B)
Net Cash Flow from Investing(8.32 B)(12.29 B)(11.46 B)(6.96 B)(8.01 B)(8.64 B)
Net Cash Flow Investment Acquisitions and Disposals4 M(1 B)952 M35 M31.5 M32.33 M
Net Cash Flow from Operations20.34 B30.62 B27.31 B10.58 B9.52 B9.77 B
Effect of Exchange Rate Changes on Cash65 M(91 M)332 M(50 M)(57.5 M)(62.04 M)

Chevron Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Chevron Corp's current stock value. Our valuation model uses many indicators to compare Chevron Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chevron Corp competition to find correlations between indicators driving Chevron Corp's intrinsic value. More Info.
Chevron Corp is the top company in current valuation category among related companies. It is rated second in gross profit category among related companies fabricating about  0.16  of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Chevron Corp is roughly  6.40 . Chevron Corp Gross Profit is fairly stable at the moment as compared to the past year. Chevron Corp reported Gross Profit of 17.44 Billion in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Chevron Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chevron Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chevron Corp's earnings, one of the primary drivers of an investment's value.

Chevron Corp Systematic Risk

Chevron Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chevron Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Chevron Corp correlated with the market. If Beta is less than 0 Chevron Corp generally moves in the opposite direction as compared to the market. If Chevron Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chevron Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chevron Corp is generally in the same direction as the market. If Beta > 1 Chevron Corp moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Chevron Corp Financials

What exactly are Chevron Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Chevron Corp's income statement, its balance sheet, and the statement of cash flows. Potential Chevron Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Chevron Corp investors may use each financial statement separately, they are all related. The changes in Chevron Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chevron Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
 2019 2020 2021 2022 (projected)
Receivables13.32 B11.47 B13.19 B16.63 B
Inventories5.85 B5.68 B6.53 B6.84 B
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Chevron Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Chevron grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Chevron Corp Thematic Clasifications

Chevron Corp is part of several thematic ideas from Baby Boomer Prospects to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
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Chevron Corp January 24, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Chevron Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chevron Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chevron Corp based on widely used predictive technical indicators. In general, we focus on analyzing Chevron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chevron Corp's daily price indicators and compare them against related drivers.
Downside Deviation1.25
Information Ratio0.2225
Maximum Drawdown5.32
Value At Risk(2.08)
Potential Upside2.1
Continue to Trending Equities. Note that the Chevron Corp information on this page should be used as a complementary analysis to other Chevron Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Chevron Corp price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Chevron Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.