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Chevron (CVX)

(Delayed Data from NYSE)

$159.15 USD

159.15
6,360,109

-2.82 (-1.74%)

Updated Jul 19, 2024 04:01 PM ET

After-Market: $159.18 +0.03 (0.02%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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 C Growth F 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 30% (176 out of 250)

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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Namibia Emerges as a New Frontier for Global Oil Giants

Namibia's coastline hides a treasure trove of oil reserves. Chevron, ExxonMobil and Shell are eagerly poised to tap into this wealth, positioning themselves for strategic gains in Africa's new frontier.

Nilanjan Choudhury headshot

Federal Court Ruling Clears the Path for LNG Export Projects

The lifting of the Biden administration's pause solidifies the country's position as a global leader in LNG. Investors should keep an eye on companies such as Cheniere Energy, Shell and Chevron.

The Zacks Analyst Blog Highlights Chevron, Petrobras and TotalEnergies

Chevron, Petrobras and TotalEnergies are included in this Analyst Blog.

Here's Why Hold Strategy is Apt for Valero (VLO) Stock Now

Valero's (VLO) premium refining operations are resilient, even when the business operating environment is carbon-constrained.

Chevron (CVX), QazaqGaz Sign a Gas Exploration Agreement

Chevron's (CVX) subsidiary Chevron Munaigas Inc. and QazaqGaz join forces to explore gas resources in Kazakhstan, strengthening a three-decade relationship and boosting economic growth.

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Global Oil Firms Bet Big on Namibia Discovery Amid Energy Shift

Global oil giants like Chevron (CVX), Petrobras (PBR) and TotalEnergies (TTE) vie fiercely for Galp Energia's Namibia oil stake, betting on burgeoning fossil fuel demand and growth opportunities.

Nilanjan Choudhury headshot

Chevron (CVX) Stock Barely Moves in a Month: An Opportunity?

Chevron's (CVX) robust financial performance in Q1, with $5.5 billion in earnings and a free cash flow yield of over 5%, underscores its strong profitability and operational efficiency.

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Ride the Crude Rally With These 3 Promising Energy Stocks

High oil prices favor oil exploration and production activities, increasing the demand for oilfield services. Chevron (CVX), SLB and SM Energy (SM) are thus well poised to gain.

Chevron (CVX) Confirms Exploration Rig Deployment in Namibia

Chevron (CVX) confirms its choice of a drilling rig for an upcoming exploration well in Namibia's Orange Basin, planned to start in the fourth quarter of 2024, near the Venus oil and gas discovery.

Leidos and America's Car-Mart have been highlighted as Zacks Bull and Bear of the Day

Leidos and America's Car-Mart have been highlighted as Zacks Bull and Bear of the Day.

Nilanjan Choudhury headshot

US. LNG Export Market Hurdles Should Not Bother Investors

The U.S. LNG sector remains a cornerstone of the global energy landscape. Investors can tap into this market by focusing on companies like Cheniere Energy, Shell and Chevron.

Nilanjan Banerjee headshot

Energy Comprises 9.9% of Buffett's Portfolio: 2 Stocks to Watch

Investing in Chevron (CVX) and Occidental Petroleum (OXY) likely reflects Buffett's strong preference for companies with robust balance sheets.

TotalEnergies (TTE) Signs Exploration Deal, Expands in Africa

TotalEnergies (TTE) expanded its operation in Africa by acquiring an interest in a region offshore, Sao Tome and Principe. The company has operations near the new block, which will assist in development.

Chevron (CVX) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chevron (CVX) have what it takes? Let's find out.

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3 Permian Stocks to Keep on Your Radar on Strong Oil Prices

Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).

Chevron's (CVX) Wheatstone LNG Facility Resumes Full Production

Chevron's (CVX) Wheatstone LNG facility resumes operations following the completion of unplanned repairs at the Wheatstone offshore platform???s fuel gas system.

The Zacks Analyst Blog Highlights Chevron, Amgen, Philip Morris, Hurco and Perma-Pipe

Chevron, Amgen, Philip Morris, Hurco and Perma-Pipe are included in this Analyst Blog.

Chevron (CVX) Stock Falls Amid Market Uptick: What Investors Need to Know

In the closing of the recent trading day, Chevron (CVX) stood at $158.46, denoting a -0.53% change from the preceding trading day.

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Top Stock Reports for Chevron, Amgen & Philip Morris

Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), Amgen Inc. (AMGN) and Philip Morris International Inc. (PM), as well as two micro-cap stocks Hurco Companies, Inc. (HURC) and Perma-Pipe International Holdings, Inc. (PPIH).

Aditi Kanoria  headshot

3 Energy Giants Set to Soar With Record Jet Fuel Demand

As summer travel peaks, U.S. refiners ramp up their jet fuel production to meet the record demand. ExxonMobil, Chevron and Phillips 66 are ready to ride on this fuel-fueled wave.

Stock Market News for Jun 25, 2024

U.S. stock markets closed mixed on Monday to start the last trading week of a successful June.

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Stock Market News for Jun 25, 2024

U.S. stock markets closed mixed on Monday to start the last trading week of a successful June.

Chevron (CVX) Inks $2B Offshore Deals in Equatorial Guinea

Chevron (CVX) and GEPetrol ink two production-sharing contracts worth $2 billion to increase offshore oil and gas production and counteract the country's diminishing output.

ExxonMobil's (XOM) Right of Refusal Halts Chevron-Hess Deal

The delay stalls a decision on whether ExxonMobil (XOM) has a right of first refusal over Hess' lucrative Guyana operations.

Investors Heavily Search Chevron Corporation (CVX): Here is What You Need to Know

Chevron (CVX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.