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Chevron Corp Stock Research

CVX

156.06USD+1.54(+1.00%)Market Closed

Market Summary

USD156.06+1.54
Market Closed
1.00%

CVX Stock Price

CVX RSI Chart

CVX Valuation

Market Cap

301.5B

Price/Earnings (Trailing)

8.5

Price/Sales (Trailing)

1.22

EV/EBITDA

4.27

Price/Free Cashflow

6.08

CVX Price/Sales (Trailing)

CVX Profitability

EBT Margin

20.17%

Return on Equity

22.27%

Return on Assets

13.76%

Free Cashflow Yield

16.45%

CVX Fundamentals

CVX Revenue

Revenue (TTM)

246.3B

Revenue Y/Y

17.34%

Revenue Q/Q

-15.26%

CVX Earnings

Earnings (TTM)

35.5B

Earnings Y/Y

25.68%

Earnings Q/Q

-43.43%

Price Action

52 Week Range

129.20186.57
(Low)(High)

Last 7 days

1.2%

Last 30 days

-2.7%

Last 90 days

-12.0%

Trailing 12 Months

-3.8%

CVX Financial Health

Current Ratio

1.47

Debt/Equity

0.17

Debt/Cashflow

1.55

CVX Investor Care

Dividend Yield

3.64%

Dividend/Share (TTM)

5.68

Shares Dilution (1Y)

0.74%

Diluted EPS (TTM)

18.28

Peers (Alternatives to Chevron)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
XOM
422.6B
413.7B
 -5.65% 27.68%
7.58
1.02
 44.83% 141.93%
CVX
301.5B
246.3B
 -2.68% -3.79%
8.5
1.22
 51.57% 126.98%
COP
120.8B
82.2B
 -8.31% -5.26%
6.47
1.47
 69.92% 131.22%
MPC
61.2B
180.0B
 1.56% 56.05%
4.22
0.34
 48.81% 49.07%
PSX
45.1B
175.7B
 -5.77% 19.05%
4.09
0.26
 52.98% 737.05%
APA
14.4B
11.9B
 -8.85% -14.32%
4.67
1.31
 50.58% 232.96%
MID-CAP
MUR
5.4B
4.2B
 -10.27% -15.48%
5.56
1.27
 50.65% 1409.36%
PBF
5.0B
46.8B
 -4.09% 79.99%
1.74
0.11
 71.83% 1145.37%
REGI
3.1B
-
 0.65% -11.32%
16.6
0.85
 - -
CVI
3.0B
10.9B
 -5.71% 53.59%
6.41
0.27
 50.46% 1752.00%
CPE
1.9B
3.2B
 -12.13% -46.91%
1.56
0.58
 60.18% 231.32%
SMALL-CAP
GPRE
1.8B
3.7B
 -8.99% -3.33%
-14.2
0.49
 29.56% -92.78%
CLMT
1.3B
4.7B
 -13.98% 21.74%
-8.08
0.28
 48.88% 36.52%
GEVO
365.2M
3.0M
 -14.92% -67.30%
-3.73
120.03
 327.99% -65.54%

Financials for Chevron

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.5%246,252237,908215,974184,809162,465
Operating Expenses3.8%24,71423,82022,81621,39720,726
  S&GA Expenses4.4%4,3124,1293,7583,9914,014
Costs and Expenses2.9%196,578191,057175,877156,293140,826
EBITDA4.3%66,50963,75457,20846,459-
EBITDA Margin0.8%0.27*0.27*0.26*0.25*-
Earnings Before Taxes6.1%49,67446,83840,13828,53521,639
EBT Margin2.5%0.20*0.20*0.19*0.15*-
Interest Expenses-5.8%516548594650712
Net Income3.8%35,46534,16729,04720,50715,625
Net Income Margin0.3%0.14*0.14*0.13*0.11*-
Free Cahsflow6.5%49,60246,56239,87433,046-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.8%257,709259,735257,936249,048239,535
  Current Assets-2.3%50,34351,50351,18844,70933,738
    Cash Equivalents16.6%17,67815,16412,02912,8065,640
  Inventory-8.4%8,2479,0027,7156,5256,795
  Net PPE-0.2%144,144144,410144,444146,961-
  Goodwill1.3%4,7224,6634,6634,3744,385
Liabilities-2.6%97,467100,108103,374101,94899,595
  Current Liabilities-7.3%34,20836,88339,12131,20326,791
.    Short Term Borrowings-11.6%1,9642,2213,230314256
  Long Term Debt-25,676----
Shareholder's Equity0.4%159,282158,680154,562147,100139,067
  Retained Earnings1.9%190,024186,394177,909169,059165,546
  Additional Paid-In Capital0.4%18,66018,58718,55918,37817,282
Shares Outstanding-0.8%1,9321,9481,9651,930-
Minority Interest1.4%9609471,008881873
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.5%49,60246,56239,87433,04629,187
Cashflow From Investing-23.7%-12,108-9,785-8,359-4,967-5,865
Cashflow From Financing6.9%-24,978-26,819-26,619-23,426-23,113
  Dividend Payments1.3%10,96810,82210,65010,45710,179
  Buy Backs36.3%11,2558,2555,1302,6321,383

Risks for CVX

What is the probability of a big loss on CVX?

43.5%

Probability that Chevron stock will be more than 20% underwater in next one year

24.6%

Probability that Chevron stock will be more than 30% underwater in next one year.

18.5%

Probability that Chevron stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CVX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Chevron was unfortunately bought at previous high price.

Drawdowns

Returns for CVX

Cumulative Returns on CVX

6.8%

10-Year Cumulative Returns

11.9%

7-Year Cumulative Returns

11.2%

5-Year Cumulative Returns

38.7%

3-Year Cumulative Returns

What are the long-term rolling returns for CVX?

FIve years rolling returns for Chevron.

Annualized Returns

Which funds bought or sold CVX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
1.6
4,494,600
21,193,600
 0.59%
2023-03-14
AWM CAPITAL, LLC
added
0.09
1,598
202,598
 0.07%
2023-03-13
Claro Advisors LLC
added
18.06
475,823
1,502,820
 0.49%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-2.57
41,765,100
233,995,000
 0.26%
2023-03-10
MATHER GROUP, LLC.
added
37.8
1,219,740
2,909,740
 0.06%
2023-03-08
Capital Asset Advisory Services LLC
added
0.58
676,845
3,046,840
 0.24%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
reduced
-0.59
235,575
1,207,580
 0.19%
2023-03-07
Nordwand Advisors, LLC
new
-
401,519
401,519
 0.05%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
17.86
743,205
2,316,200
 0.14%
2023-03-06
Rockefeller Capital Management L.P.
added
3.53
63,848,000
281,467,000
 1.42%

1–10 of 46

Latest Funds Activity

Are funds buying CVX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CVX
No. of Funds

Chevron News

The Motley Fool

A Bull Market Is Coming: 3 Stocks to Buy With Dividend Yields Over ....

The Motley Fool,
61 minutes ago

MarketBeat

Trifecta Capital Advisors LLC Makes New Investment in Chevron Co ....

MarketBeat,
2 hours ago

Seeking Alpha

Talos Energy Stock: Undervalued At Present Prices (NYSE:TALO).

Seeking Alpha,
24 hours ago

MarketWatch

Marathon Petroleum Corp. stock underperforms Friday when compared to competitors.

MarketWatch,
37 hours ago

RealMoney

The Good, Bad and Ugly: What Happening and What Investors ....

RealMoney,
45 hours ago

MarketWatch

Chevron, Goldman and JPMorgan Chase lead all 30 Dow stocks lower.

MarketWatch,
47 hours ago

Nasdaq

Guru Fundamental Report for CVX.

Nasdaq,
47 hours ago

MarketBeat

Capital Advisors Inc. OK Sells 2708 Shares of Chevron Co. (NYSE ....

MarketBeat,
2 days ago

The Motley Fool

86% of Warren Buffett's $322 Billion Portfolio Is Invested in Only 8 ....

The Motley Fool,
2 days ago

Yahoo Finance

First Republic, Deutsche Bank, Chevon, Block fall premarket; Regeneron rises.

Yahoo Finance,
2 days ago

InvestorPlace

7 Blue-Chip Stocks to Buy for Capital Preservation.

InvestorPlace,
2 days ago

Investing.com UK

Fat Profits Of Exxon, Chevron & Co. To Get Fatter? Oil 'Big Winner ....

Investing.com UK,
2 days ago

MarketBeat

Gateway Investment Advisers LLC Reduces Position in Chevron Co ....

MarketBeat,
3 days ago

Seeking Alpha

Unraveling Chevron's Edge: How It Outperforms Peers (NYSE:CVX).

Seeking Alpha,
3 days ago

Zacks Investment Research

Chevron (CVX) Halts Production in Thailand Post Fatal Explosion.

Zacks Investment Research,
4 days ago

The Motley Fool

The 1 Stock Warren Buffett Is Almost Certain to Keep Buying -- and ....

The Motley Fool,
4 days ago

Schedule 13G FIlings of Chevron

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
berkshire hathaway inc
8.7%
167,353,771
SC 13G
Feb 09, 2023
vanguard group inc
8.22%
159,036,903
SC 13G/A
Feb 06, 2023
state street corp
6.61%
127,833,530
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
135,337,929
SC 13G/A
Feb 14, 2022
state street corp
7.21%
138,919,878
SC 13G/A
Feb 09, 2022
vanguard group inc
8.48%
163,400,131
SC 13G/A
Feb 01, 2022
blackrock inc.
6.5%
126,043,765
SC 13G/A
Feb 10, 2021
vanguard group inc
8.20%
157,790,935
SC 13G/A
Feb 08, 2021
state street corp
6.65%
127,943,370
SC 13G
Jan 29, 2021
blackrock inc.
6.6%
126,822,239
SC 13G/A

CVX Fair Value

Chevron fair value in different scenarios

The table shows the Fair Value estimates for Chevron for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

126.03

-19.24%

159.45

2.17%

262.74

68.36%

359.47

130.34%

434.87

178.66%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Chevron Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Chevron

View All Filings
Date Filed Form Type Document
Mar 03, 2023
3
Insider Trading
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan
Mar 03, 2023
S-8 POS
Employee Benefits Plan

Latest Insider Trading transactions for CVX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-13
Moyo Dambisa F
gifted
-
-
-56.00
-
2023-02-07
MORRIS RHONDA J
acquired
1,734,540
88.2
19,666
vice president
2023-02-07
MORRIS RHONDA J
sold
-3,343,280
170
-19,666
vice president
2023-01-31
Breber Pierre R
back to issuer
-1,587,060
174
-9,120
vp & chief financial officer
2023-01-31
Wirth Michael K
acquired
-
-
31,383
chairman and ceo
2023-01-31
Pate R. Hewitt
back to issuer
-1,207,000
174
-6,936
vp and general counsel
2023-01-31
NELSON MARK A
back to issuer
-830,597
174
-4,773
vice chairman and evp
2023-01-31
HEARNE ANDREW NIGEL
back to issuer
-2,653,280
174
-15,247
executive vice president
2023-01-31
INCHAUSTI DAVID A
back to issuer
-151,745
174
-872
vice pres. and controller
2023-01-31
GUSTAVSON JEFF B
acquired
-
-
2,038
vice president

1–10 of 50

About Chevron

Michael K. Wirth
www.chevron.com
42600
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

CVX Income Statement

2022-12-31
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and Other Income   
Sales and other operating revenues$ 235,717$ 155,606$ 94,471
Income (loss) from equity affiliates8,5855,657(472)
Other income1,9501,202693
Total Revenues and Other Income246,252162,46594,692
Costs and Other Deductions   
Purchased crude oil and products145,41692,24952,148
Operating expenses24,71420,72620,323
Selling, general and administrative expenses4,3124,0144,213
Exploration expenses9745491,537
Depreciation, depletion and amortization16,31917,92519,508
Taxes other than on income4,0323,9632,839
Interest and debt expense516712697
Other components of net periodic benefit costs295688880
Total Costs and Other Deductions196,578140,826102,145
Income (Loss) Before Income Tax Expense49,67421,639(7,453)
Income Tax Expense (Benefit)14,0665,950(1,892)
Net Income (Loss)35,60815,689(5,561)
Less: Net income (loss) attributable to noncontrolling interests14364(18)
Net Income (Loss) Attributable to Chevron Corporation$ 35,465$ 15,625$ (5,543)
Net Income (Loss) Attributable to Chevron Corporation   
– Basic (in dollars per share)$ 18.36$ 8.15$ (2.96)
– Diluted (in dollars per share)$ 18.28$ 8.14$ (2.96)

CVX Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 17,678$ 5,640
Marketable securities22335
Accounts and notes receivable (less allowance: 2022 - $457; 2021 - $303)20,45618,419
Inventories:  
Crude oil and products5,8664,248
Chemicals515565
Materials, supplies and other1,8661,982
Total inventories8,2476,795
Prepaid expenses and other current assets3,7392,849
Total Current Assets50,34333,738
Long-term receivables, net (less allowances: 2022 - $552; 2021 - $442)1,069603
Investments and advances45,23840,696
Properties, plant and equipment, at cost327,785336,045
Less: Accumulated depreciation, depletion and amortization184,194189,084
Properties, plant and equipment, net143,591146,961
Deferred charges and other assets12,31012,384
Goodwill4,7224,385
Assets held for sale436768
Total Assets257,709239,535
Liabilities and Equity  
Short-term debt1,964256
Accounts payable18,95516,454
Accrued liabilities7,4866,972
Federal and other taxes on income4,3811,700
Other taxes payable1,4221,409
Total Current Liabilities34,20826,791
Long-term debt[1]21,37531,113
Deferred credits and other noncurrent obligations20,39620,778
Noncurrent deferred income taxes17,13114,665
Noncurrent employee benefit plans4,3576,248
Total Liabilities[2]97,46799,595
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)00
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued at December 31, 2022 and 2021)1,8321,832
Capital in excess of par value18,66017,282
Retained earnings190,024165,546
Accumulated other comprehensive losses(2,798)(3,889)
Deferred compensation and benefit plan trust(240)(240)
Treasury stock, at cost (2022 - 527,460,237 shares; 2021 - 512,870,523 shares)(48,196)(41,464)
Total Chevron Corporation Stockholders’ Equity159,282139,067
Noncontrolling interests (includes redeemable noncontrolling interest of $142 and $135 at December 31, 2022 and 2021)960873
Total Equity160,242139,940
Total Liabilities and Equity$ 257,709$ 239,535
[1]1 Includes finance lease liabilities of $403 and $449 at December 31, 2022 and 2021, respectively.
[2]2 Refer to Note 24 Other Contingencies and Commitments.