Chevron Corp Stock Analysis

CVX Stock  USD 152.84  1.38  0.89%   
Chevron Corp is undervalued with Real Value of 166.98 and Target Price of 178.17. The main objective of Chevron Corp stock analysis is to determine its intrinsic value, which is an estimate of what Chevron Corp is worth, separate from its market price. There are two main types of Chevron Corp's stock analysis: fundamental analysis and technical analysis.
The Chevron Corp stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Chevron Corp is usually not traded on Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day. Chevron Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Chevron Stock Analysis Notes

About 67.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chevron Corp recorded earning per share (EPS) of 10.87. The entity last dividend was issued on the 16th of May 2024. The firm had 2:1 split on the 13th of September 2004. Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. Chevron Corporation was founded in 1879 and is based 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 42595 people. For more info on Chevron Corp please contact Michael Wirth at 925 842 1000 or go to https://www.chevron.com.

Chevron Corp Quarterly Total Revenue

46.74 Billion

Chevron Corp Investment Alerts

Chevron Corp generated a negative expected return over the last 90 days
Chevron Corp has a poor financial position based on the latest SEC disclosures
About 67.0% of the company shares are held by institutions such as insurance companies
On 10th of June 2024 Chevron Corp paid $ 1.63 per share dividend to its current shareholders
Latest headline from cnbc.com: Cramers Lightning Round DraftKings is a buy

Chevron Corp Upcoming and Recent Events

Earnings reports are used by Chevron Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
26th of April 2024
Upcoming Quarterly Report
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26th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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7th of February 2025
Next Fiscal Year End
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31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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Chevron Largest EPS Surprises

Earnings surprises can significantly impact Chevron Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-04-22
1999-03-310.250.22-0.0312 
2016-04-29
2016-03-31-0.16-0.110.0531 
1998-07-23
1998-06-300.380.440.0615 
View All Earnings Estimates

Chevron Corp Environmental, Social, and Governance (ESG) Scores

Chevron Corp's ESG score is a quantitative measure that evaluates Chevron Corp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Chevron Corp's operations that may have significant financial implications and affect Chevron Corp's stock price as well as guide investors towards more socially responsible investments.

Chevron Corp Thematic Classifications

In addition to having Chevron Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Petroleum and Natural Gas Idea
Petroleum and Natural Gas
USA Equities from Petroleum and Natural Gas industry as classified by Fama & French
Warren Buffett Holdings Idea
Warren Buffett Holdings
Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Impulse Idea
Impulse
Macroaxis evolving impulse stocks

Chevron Stock Institutional Investors

Shares
Wells Fargo & Co2024-03-31
18.9 M
Fisher Asset Management, Llc2024-03-31
17.9 M
Ameriprise Financial Inc2024-03-31
16.6 M
Bank Of New York Mellon Corp2024-03-31
16.1 M
Capital World Investors2024-03-31
16 M
Franklin Resources Inc2023-12-31
15.6 M
Amvescap Plc.2024-03-31
15.5 M
Capital Research & Mgmt Co - Division 32024-03-31
13.4 M
State Farm Mutual Automobile Ins Co2024-03-31
13.3 M
Vanguard Group Inc2024-03-31
160.7 M
Blackrock Inc2024-03-31
128.8 M
Note, although Chevron Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chevron Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 279.51 B.

Chevron Profitablity

The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed 0.13  0.21 
Return On Assets 0.08  0.08 
Return On Equity 0.13  0.14 

Management Efficiency

Chevron Corp has Return on Asset of 0.0615 % which means that on every $100 spent on assets, it made $0.0615 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1264 %, implying that it generated $0.1264 on every 100 dollars invested. Chevron Corp's management efficiency ratios could be used to measure how well Chevron Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Chevron Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Chevron Corp's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 274.7 B in 2024, whereas Total Assets are likely to drop slightly above 171.8 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 85.94  90.23 
Tangible Book Value Per Share 83.93  88.13 
Enterprise Value Over EBITDA 6.27  6.58 
Price Book Value Ratio 1.74  2.06 
Enterprise Value Multiple 6.27  6.58 
Price Fair Value 1.74  2.06 
Enterprise Value144.1 B151.3 B
The analysis of Chevron Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Chevron Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Chevron Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0427
Operating Margin
0.1391
Profit Margin
0.1053
Forward Dividend Yield
0.0427
Beta
1.107

Technical Drivers

As of the 14th of June 2024, Chevron Corp shows the risk adjusted performance of 0.0221, and Mean Deviation of 0.7807. Chevron Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Chevron Corp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Chevron Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Chevron Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Chevron Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chevron Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chevron Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chevron Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Chevron Corp Outstanding Bonds

Chevron Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chevron Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chevron bonds can be classified according to their maturity, which is the date when Chevron Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chevron Corp Predictive Daily Indicators

Chevron Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chevron Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Chevron Corp Corporate Filings

8K
31st of May 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
30th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
28th of May 2024
Other Reports
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F4
23rd of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
14th of May 2024
Other Reports
ViewVerify
F4
13th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10th of May 2024
Other Reports
ViewVerify
F4
6th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Chevron Corp Forecast Models

Chevron Corp's time-series forecasting models are one of many Chevron Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chevron Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Chevron Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chevron Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chevron shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Chevron Corp. By using and applying Chevron Stock analysis, traders can create a robust methodology for identifying Chevron entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.15  0.08 
Operating Profit Margin 0.15  0.15 
Net Profit Margin 0.11  0.11 
Gross Profit Margin 0.17  0.16 

Current Chevron Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chevron analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chevron analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
178.17Strong Buy23Odds
Chevron Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chevron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chevron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chevron Corp, talking to its executives and customers, or listening to Chevron conference calls.
Chevron Analyst Advice Details

Chevron Stock Analysis Indicators

Chevron Corp stock analysis indicators help investors evaluate how Chevron Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chevron Corp shares will generate the highest return on investment. By understating and applying Chevron Corp stock analysis, traders can identify Chevron Corp position entry and exit signals to maximize returns.
Begin Period Cash Flow19.1 B
Total Stockholder Equity161 B
Capital Lease Obligations574 M
Property Plant And Equipment Net159 B
Cash And Short Term Investments8.5 B
Cash8.5 B
50 Day M A160.1822
Net Interest Income-469 M
Total Current Liabilities32.3 B
Forward Price Earnings12.4844
Interest Expense469 M
Stock Based Compensation85 M
Long Term Debt19.7 B
Common Stock Shares Outstanding1.9 B
Tax Provision8.2 B
Quarterly Earnings Growth Y O Y-0.142
Accounts Payable20.4 B
Net Debt17.6 B
Other Operating Expenses171.4 B
Non Current Assets Total220.5 B
Liabilities And Stockholders Equity261.6 B
Non Currrent Assets OtherB

Additional Tools for Chevron Stock Analysis

When running Chevron Corp's 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 the 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.