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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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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.

Why Chevron (CVX) Outpaced the Stock Market Today

In the latest trading session, Chevron (CVX) closed at $156.74, marking a +0.42% move from the previous day.

Are You Looking for a High-Growth Dividend Stock?

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.

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

Zacks.com users have recently been watching Chevron (CVX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Chevron's (CVX) Rig-to-Reef Strategy Receives Green Backlash

Chevron (CVX) plans to decommission its nine oil and gas platforms off the Pilbara Coast by creating artificial reefs out of the eight set-ups, and removing and recycling the ninth one.

Nilanjan Choudhury headshot

Why It Makes Sense to Hold Chevron (CVX) in Your Portfolio

Chevron's (CVX) long-term projects and investments in the oil and gas sector are designed to yield benefits over years or even decades, not quarters.

Chevron (CVX) Extends Shelf Drilling Contract Till 2026

Chevron's (CVX) Angola subsidiary Cabinda Gulf Oil Company to keep the Shelf Drilling Tenacious jack-up rig under contract till February 2026 for drilling operations offshore West Africa.

Chevron (CVX) Is Considered a Good Investment by Brokers: Is That True?

According to the average brokerage recommendation (ABR), one should invest in Chevron (CVX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

TotalEnergies (TTE) Inks Deal for U.K. Gas-Fired Power Plant

TotalEnergies (TTE) signs an agreement to acquire West Burton B gas-fired power plant. TTE is expected to further expand its clean electricity generation capacity with the deal.

TotalEnergies (TTE) Wins Two Contracts to Deliver LNG to Asia

TotalEnergies (TTE) further expands its LNG operation in Asia with two new supply contracts. It is well poised to benefit from rising LNG demand in Asia.

Nilanjan Choudhury headshot

Watch These 3 Large-Cap Energy Stocks for Attractive Yields

Large-cap stocks 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.

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

Sector ETF report for IYE

Chevron (CVX) Stock Declines While Market Improves: Some Information for Investors

Chevron (CVX) reachead $156.13 at the closing of the latest trading day, reflecting a -0.84% change compared to its last close.

Nilanjan Choudhury headshot

Big Oil's M&A Splurge: Will the Buying Frenzy Continue?

Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.

Oceaneering (OII) Tests AUV for Subsea Pipeline Inspection

Oceaneering (OII) and TotalEnergies join forces to revolutionize subsea pipeline inspection with Freedom AUV. It cuts inspection time and emissions by 50%.

Zacks Industry Outlook Highlights Exxon Mobil, Chevron, BP and Vista Energy

Exxon Mobil, Chevron, BP and Vista Energy are part of the Zacks Industry Outlook article.

Chevron's (CVX) Gorgon LNG Plant Restarts Full Operations

Chevron Corporation's (CVX) subsidiary Chevron Australia brings back full production at the Gorgon liquefied natural gas (LNG) terminal after a month-long outage in Western Australia.

The Zacks Analyst Blog Highlights JPMorganChase, Chevron, Cisco Systems, Atrion and The Eastern

JPMorganChase, Chevron, Cisco Systems, Atrion and The Eastern are part of the Zacks top Analyst Blog.

Hess (HES) Shareholders Approve Chevron Deal Amid Arbitration

Hess (HES) shareholders approve a $53 billion merger with Chevron despite the ongoing legal dispute over Guyana's Stabroek block assets.

Nilanjan Banerjee headshot

4 Integrated Energy Stocks to Gain From Solid Industry Trends

From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.

Chevron (CVX) Nears Deal With Sonatrach to Boost Gas Output

Chevron (CVX) and Sonatrach are set to finalize a deal to enhance Algeria's natural gas output. This partnership aims to diversify Europe's gas supply amid geopolitical shifts.

Sheraz Mian headshot

Top Analyst Reports for JPMorgan Chase, Chevron & Cisco

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Chevron Corporation (CVX) and Cisco Systems, Inc. (CSCO), as well as two micro-cap stocks Atrion Corporation (ATRI) and The Eastern Company (EML).

3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)

EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.

Marathon Oil (MRO) Stocks Up 8.4% on Buyout Deal by Conoco

Shares of Marathon Oil (MRO) shoot up on the announcement of a $22.5 billion buyout deal by ConocoPhillips (COP).

Shaun Pruitt headshot

Big Oil Consolidation: Chevron Acquiring Hess - ConocoPhillips Acquiring Marathon Oil

Consolidation among the oil and energy sector continues as Chevron (CVX) will be acquiring Hess (HES) in a deal valued at $53 billion while ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) for $22.5 billion when including debt.

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

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.