Key stats
Price chart
About Chevron Corporation
Energy
Company profile
- IPO date
- Jun 24, 1921
- Website
- www.chevron.com
Energy peers
How CVX compares to other large companies in the same sector.
| Company | Price | Today | Market cap | P/E |
|---|---|---|---|---|
 XOM Exxon Mobil Corporation | $157.92 | +3.36% | $620.32B | 25.86 |
 COP ConocoPhillips | $122.41 | +2.89% | $149.13B | 20.37 |
 OXY Occidental Petroleum | $59.62 | +4.89% | $59.30B | 12.52 |
Wall Street analyst ratings
DollarScout analysis
Editorial, not advice. See our methodology.
Bull case
Chevron's sheer size and scale give it a formidable advantage in the oil and gas sector. With a market cap of $376.23 billion, it has the financial muscle to weather industry challenges and capitalize on opportunities as global demand for energy rebounds. The dividend yield of 3.3892% is a highlight for income-focused investors, offering a stable return, especially appealing in today’s volatile markets. The company’s diversified portfolio and strategic projects in both traditional energy and emerging sectors like renewable energy provide potential growth avenues. Analyst sentiment is positive, with a consensus indicating a strong buy, reflecting confidence in Chevron’s strategic direction and market execution. Additionally, Chevron’s relatively low beta of 0.5822 suggests less volatility compared to the broader market, appealing to risk-averse investors.
Bear case
Chevron faces persistent challenges inherent in the oil and gas industry, including political and environmental pressures that could impact operations and profitability. The high P/E ratio of 30.59 raises questions about valuation compared to peers, suggesting that the stock might be overvalued, limiting upside potential. Dependency on fossil fuels can pose risks, especially as countries strengthen their policies towards greener energy. Competition from both traditional players and renewable energy companies could erode market share over time. Oil price volatility remains a perennial threat, influencing revenue unpredictably and complicating financial planning.
Who should buy CVX
Chevron is well-suited for investors looking for stable income through dividends and have the patience for long-term capital appreciation. Conservative investors who are comfortable with the inherent risks of the energy sector and have a multi-year investment horizon might find CVX appealing for its combination of yield and potential growth.
Key risks
- Impact of fluctuating crude oil prices on revenue and profit margins. - Stringent environmental regulations could increase operational costs. - Macro-economic uncertainties could affect global energy demand. - Market competition from both traditional and renewable energy companies.
Where to buy CVX
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Chevron Corporation (NYSE:CVX) is included among the 11 Best Rising Dividend Stocks to Buy Right Now. On May 11, Bernstein lowered its price recommendation on Chevron Corporation (NYSE:CVX) to $204 from $216. It reiterated a Market Perform rating on the shares. The firm said oil markets could still move in several directions from here, including […]
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Disclaimer: The information on this page is provided for informational and educational purposes only and should not be considered financial, investment, or trading advice. DollarScout does not recommend buying or selling any specific security. Stock data may be delayed. Past performance is not indicative of future results. Always do your own research and consult a licensed financial advisor before making investment decisions.