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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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Oil & Gas Stock Roundup: Transocean, Chevron & More

Swiss rig behemoth Transocean (RIG) confirmed the $3.4 billion acquisition of Norwegian rival Songa Offshore and supermajor Chevron (CVX) settled a landmark tax dispute in Australia.

    TOTAL (TOT) Acquires Maersk Oil for $7.45B, Expands Globally

    TOTAL's (TOT) decision to acquire Maersk Oil will expand its operation globally and help it achieve its production target of 3,000 thousand barrels of oil equivalent per day in 2019.

      GoM Leases Garners $121.1M High Bids, Deepwater Leads the Way

      The latest Gulf of Mexico lease sale garnered over $121.1 million in high bids, with deepwater bidding contributing 98% to the same.

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        Oil Slumps Despite Big U.S. Stock Draw, Production to Blame

        While the U.S. inventory data showed a surprisingly large drawdown in crude stocks, the commodity was pressured by steadily rising domestic output.

          Is Schlumberger's Russian Deal in Trouble on U.S. Sanctions?

          Given the recent sanctions imposed by the U.S., Schlumberger's (SLB) recent decision to acquire a stake in Eurasia Drilling seems to have hit choppy waters.

            Kazakhstan Allays US Energy Firms' Concerns on US Sanctions

            Kazakh government reassures American companies as the US government targets Russian energy sector.

              Statoil (STO) Hits Small Gas Discovery in Gemini North Well

              Statoil (STO) has made a small gas discovery in the Gemini North well in the Barents Sea. The presence of oil has also been confirmed.

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                What's Happening to Oil Prices?

                There are logical fundamental reasons for oil prices to have reversed course from June lows.

                  The Zacks Analyst Blog Highlights: Apple, Pfizer, Intel, Chevron and Exxon Mobil

                  The Zacks Analyst Blog Highlights: Apple, Pfizer, Intel, Chevron and Exxon Mobil

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                    Concho (CXO) Q2 Earnings Beat Big, Lifts Production Outlook

                    Permian-focused Concho Resources (CXO) posted strong earnings beat as the oil and gas finder continued to grow production and benefited from higher commodity prices.

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                      Transocean (RIG) Breaks Even in Q2 Earnings, Revenues Beat

                      Despite a very challenging market for offshore rigs, Transocean (RIG) was able to beat Q2 estimates handily.

                        The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, ExxonMobil, ConocoPhillips and Marathon Petroleum

                        The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, ExxonMobil, ConocoPhillips and Marathon Petroleum

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                          Oil & Gas Stock Roundup: Shell, Chevron Report Strong Q2, Exxon Misses

                          Integrated majors Royal Dutch Shell (RDS.A) and Chevron (CVX) came up with strong Q2 but the world's largest publicly traded oil producer ExxonMobil (XOM) fell short of estimates.

                            BP plc (BP) Q2 Earnings Top on Higher Project Activities

                            Higher realized prices for liquids and natural gas supported the Q2 numbers of BP Plc (BP). Increased exploration expenses partially offset the positives.

                              Canadian Natural Resources (CNQ) Q2 Earnings: Beat in Store?

                              Improved pricing scenario, efficient cost structure and acquisition of Athabasca oil sands project are expected to positively impact Canadian Natural Resources' (CNQ) Q2 results.

                                Nilanjan Choudhury headshot

                                Chevron (CVX) Q2 Earnings Beat on Oil Rally, Output Rise

                                Chevron (CVX) Q2 earnings beat as the price of crude increased and the U.S. supermajor boosted its production of oil and gas.

                                  QEP Resources (QEP) Q2 Loss Lower than Expected, Sales Miss

                                  QEP Resources' (QEP) second-quarter loss was narrower than the Zacks Consensus Estimate and the year-ago quarter. However, production stagnated.

                                    Chevron (CVX) Q2 Earnings Beat Estimates on Prices, Volumes

                                    Chevron's (CVX) solid Q2 results were driven by higher commodity prices and production.

                                      Jeffrey Hymen headshot

                                      Friday's Earnings Reports To Watch: XOM, CVX, MRK, ABBV

                                      The Zacks Earnings Calendar lists each company that is expected to report earnings on any given calendar date, making it a useful organizational tool for any investor.

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                                        Shell's (RDS.A) Q2 Earnings Soar as Cost Cuts Pay Off

                                        Royal Dutch Shell (RDS.A) posted a strong Q2 earnings beat as commodity prices rose and the company cut costs.

                                          Oil Stocks to Watch for Earnings on Jul 28: XOM, BHGE & More

                                          The oil/energy sector is likely to see strong Q2 performance aided by an improving macro scenario.

                                            QEP Resources (QEP) Divests Wyoming Based Assets for $777.5M

                                            QEP Resources (QEP) struck two separate deals for its Wyoming assets.

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                                              What's in Store for Chevron (CVX) in Q2 Earnings?

                                              Weak realizations from sub-$50 oil will limit Chevron's (CVX) internally generated cash flow amid high capital spending and dividend payments.

                                                Zacks Industry Outlook Highlights: ExxonMobil, Chevron, Rice Energy, WPX Energy and Encana

                                                Zacks Industry Outlook Highlights: ExxonMobil, Chevron, Rice Energy, WPX Energy and Encana

                                                  Cobalt Inks Deal to Expand Anchor Unit in Gulf of Mexico

                                                  Cobalt (CIE) recently inked a deal to expand its Anchor unit with two additional blocks to the south which is likely to boost oil discovery.