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Chevron (CVX)

(Delayed Data from NYSE)

$147.62 USD

147.62
4,820,716

+1.89 (1.30%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $147.56 -0.06 (-0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 24% (192 out of 251)

Industry: Oil and Gas - Integrated - International

Better trading starts here.

Zacks News

Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy – from oil production, to refining and marketing. The company generates more than $146 billion in annual revenues and produces in excess of three million barrels per day of oil equivalent. Chevron currently churns out oil and natural gas at a 60/40 ratio. As of the end of 2019, the company had proved reserves of approximately 12.6 billion barrels of oil-equivalent. While the energy sector downturn since mid-2014 has significantly impacted Chevron’s stock price, it is still the 45-largest company in the S&P 500 Index. With its relatively low-risk energy business structure, robust financial health, and ample free cash flows, Chevron remains well positioned to navigate the weak oil and gas prices.

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4 Integrated Energy Stocks to Watch Amid Industry Turbulence

Weak refining is hurting the Zacks Oil and Gas Integrated International industry's outlook. XOM, SHEL, BP & E will probably overcome market challenges.

Chevron (CVX) Secured New GHG Assessment Permit in Australia

Chevron (CVX) secures a key greenhouse gas permit in Australia, boosting carbon capture efforts to meet global energy demands sustainably.

Chevron (CVX) to Establish $1B Innovation Center in India

Chevron (CVX) announces a $1 billion investment for an engineering and innovation center in India, set to drive energy innovation and create hundreds of jobs.

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Buffett Continues to Trim BAC Stake: Should You Sell the Stock?

Here, we are assessing whether to follow Warren Buffett and unload Bank of America (BAC) stock or pile it up at the current level to generate solid returns over time.

Chevron Corporation (CVX) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.

Petrobras (PBR) Q2 Earnings in Line on Production Growth

As of Jun 30, 2024, Petrobras (PBR) records a net debt of $46,160 million. The company ends the quarter with cash and cash equivalents of $7,884 million.

Spotify and H&E Equipment have been highlighted as Zacks Bull and Bear of the Day

Spotify and H&E Equipment have been highlighted as Zacks Bull and Bear of the Day.

Shell (SHEL), PetroChina Surat Gas Project Expansion Underway

This development aligns with Shell's (SHEL) broader strategy to grow its LNG business by 20-30% by 2030.

Chevron (CVX) to Pay $550M Settlement Over Richmond Refinery

Chevron (CVX) agrees to pay $550 million over 10 years as a settlement to Richmond City Council for withdrawing a proposed tax on its Richmond refinery.

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Don't Ignore These 3 Large-Cap Energy Stocks Yielding Over 4%

Large-cap companies The Williams Companies (WMB), Chevron (CVX) and Canadian Natural Resources (CNQ) present an opportunity for long-term stability and reliable returns in the energy space.

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Is ExxonMobil (XOM) a Buy, Hold, or Sell After Q2 Earnings?

Permian & Guyana presence will continue to aid ExxonMobil (XOM), which recently reported strong Q2 earnings. However, the stock is overvalued.

Chevron (CVX) Transforms GoM Production With Anchor Start-Up

Chevron's (CVX) success with Anchor not only positions it as a leader in deepwater production but also sets a benchmark for future high-pressure offshore projects.

Is WisdomTree U.S. High Dividend ETF (DHS) a Strong ETF Right Now?

Smart Beta ETF report for DHS

Occidental (OXY) Q2 Earnings Surpass Estimates, Revenues Lag

Occidental Petroleum's (OXY) second-quarter earnings are better than estimated. Strong production volume from domestic assets continues to drive the performance of the company.

Should WisdomTree U.S. High Dividend ETF (DHS) Be on Your Investing Radar?

Style Box ETF report for DHS

Devon Energy (DVN) Q2 Earnings Beat Estimates, '24 View Raised

Devon Energy's (DVN) second-quarter earnings are better than estimates and the company has raised 2024 guidance to accommodate the strong performance in the first half.

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What is the Right Approach for Chevron (CVX) Post Q2 Results?

Chevron's (CVX) oil production growth is impressive, with domestic output driven by the Permian and DJ Basins.

Chevron Corporation (CVX) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.

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Energy ETFs in Focus as Exxon Beats, Chevron Disappoints

Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - came up with varied second-quarter results recently.

Company News for Aug 5, 2024

Companies In The Article Are:CVX,ARCB, MGA AND CBOE

What Prompted Chevron (CVX) in Moving HQ Location to Texas?

The move offers several benefits to Chevron (CVX), including a favorable business climate and proximity to industry resources.

Should You Invest in the iShares U.S. Energy ETF (IYE)?

Sector ETF report for IYE

Chevron (CVX) Q2 Earnings Miss on Natural Gas, Refining Woes

Chevron (CVX) pays $3 billion in dividends during the second quarter and spends around $4 billion in capital and exploratory expenditures.

Chevron (CVX) Misses Q2 Earnings Estimates

Chevron (CVX) delivered earnings and revenue surprises of -11.46% and 0.78%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

XOM or CVX: Which Stock Holds More Promise Ahead of Q2 Earnings?

The merger with Pioneer Natural increases ExxonMobil's (XOM) debt load. Chevron (CVX), however, has successfully started extracting oil from the Mad Dog 2 project in the Gulf of Mexico.