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Chevron (CVX)

(Real Time Quote from BATS)

$157.90 USD

157.90
2,875,665

-1.25 (-0.79%)

Updated Jul 22, 2024 01:20 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.

Nilanjan Banerjee headshot

3 Permian Stocks to Gain as Oil Price is Quite Healthy

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).

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: CVX & HES Take Center Stage

CVX, HES, DO, TRP and EGY emerge as the energy headline makers during the week.

Chevron (CVX) Joins Forces With Celsia to Build a Solar Plant

Chevron (CVX) partners with Celsia to build a 4.03MW solar plant in Panama, showcasing a commitment to sustainability and carbon neutrality.

Chevron (CVX) Gains As Market Dips: What You Should Know

Chevron (CVX) reachead $152 at the closing of the latest trading day, reflecting a +1.41% change compared to its last close.

The Zacks Analyst Blog Highlights Chevron, Verizon Communications, Eaton, NVIDIA and Ford Motor

Chevron, Verizon Communications, Eaton, NVIDIA and Ford Motor are part of the Zacks top Analyst Blog.

Mark Vickery headshot

Top Stock Reports for Chevron, Verizon & Eaton

Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), Verizon Communications Inc. (VZ) and Eaton Corporation plc (ETN).

Chevron (CVX) Resumes Drilling Operations in Venezuela

Chevron (CVX) restarts drilling in Venezuela's Orinoco Belt to boost crude production amid the U.S. sanctions threat, aiming for a 35% increase in production by 2025.

Hess' (HES) Guyana Oil Assets Spark Major Energy Sector Dispute

As the battle unfolds, Hess (HES) stands to pay a significant break-up fee of $1.7 billion to Chevron if the deal collapses.

Chevron (CVX) Joins Forces With Challenger for Offshore Uruguay Block

Chevron (CVX) plans to acquire interest in the AREA OFF-1 block, offshore Uruguay, from Challenger Energy and its subsidiary CEG Uruguay SA.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Chevron's Green Initiative, Exxon's Asset Sale & More

CVX, XOM, EC, AESI and SHEL emerge as the energy headline makers during the week.

Should You Invest in Chevron (CVX) Based on Bullish Wall Street Views?

The average brokerage recommendation (ABR) for Chevron (CVX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Why the Market Dipped But Chevron (CVX) Gained Today

The latest trading day saw Chevron (CVX) settling at $149.59, representing a +0.48% change from its previous close.

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

Chevron (CVX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Bunge Global (BG) & Chevron to Build New Facility in Destrehan

Bunge Global (BG) and Chevron are set to develop an oilseed processing plant in Destrehan to scale up capabilities.

Chevron (CVX) Announces a 5MW Hydrogen Production Project

Chevron's (CVX) subsidiary plans a 5MW hydrogen project in California's Central Valley, aiming for low-carbon energy.

Chevron (CVX) Shuts Down Biodiesel Plants Amid Market Challenges

Chevron (CVX) halts two biodiesel plants in the Midwest due to poor market conditions, despite a $3.15 billion investment in renewable energy.

TotalEnergies (TTE) Inks 16-Year LNG Deal With Sembcorp Fuels

TotalEnergies (TTE) signs an agreement to supply 0.8 million tons of LNG to Sembcorp Fuels annually. TTE will assist Singapore in meeting its decarbonization targets.

Company News for Feb 28, 2024

Companies In The Article Are: HES, CVX, M,VKTX and UNH

Dril-Quip's (DRQ) Q4 Earnings Miss Estimates on Higher Costs

A significant rise in total costs and expenses hurt Dril-Quip's (DRQ) Q4 earnings.

ExxonMobil (XOM) Eyes Guyana Stake, Aims to Oust Chevron

ExxonMobil's (XOM) assertion of a right to first refusal on any sale related to the Stabroek block sparks contention, directly challenging Chevron's deal.

Zacks Value Trader Highlights: Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies

Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies are part of the Zacks Value Trader Blog.

Should You Invest in the Strive U.S. Energy ETF (DRLL)?

Sector ETF report for DRLL

Tracey Ryniec headshot

Buffett Sticks with Energy Stocks: Should You?

Wall Street ignored energy stocks in 2023 and is doing so again in 2024. But Buffett is not.