CVX stock icon

Chevron
CVX

$157.84
0.17%

Market Cap: 289B

 

About: Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2023 stood at 11.1 billion barrels of oil equivalent, including 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas.

Employees: 45,600

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 19 analysts
0
News positive %
of 99 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

31% more repeat investments, than reductions

Existing positions increased: 1,612 | Existing positions reduced: 1,235

19% more call options, than puts

Call options by funds: $4.8B | Put options by funds: $4.02B

6% more first-time investments, than exits

New positions opened: 218 | Existing positions closed: 205

5% more capital invested

Capital invested by funds: $200B [Q4 2023] → $209B (+$9.1B) [Q1 2024]

0% more funds holding

Funds holding: 3,370 [Q4 2023] → 3,383 (+13) [Q1 2024]

0.26% more ownership

Funds ownership: 71.25% [Q4 2023] → 71.5% (+0.26%) [Q1 2024]

11% less funds holding in top 10

Funds holding in top 10: 151 [Q4 2023] → 134 (-17) [Q1 2024]

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$156
1%
downside
Avg. target
$183
16%
upside
High target
$206
31%
upside

19 analyst ratings

13 positive
68%
neutral
32%
negative
0%
Truist Securities
Neal Dingmann
1%downside
$156
Hold
Maintained
22 Jul 2024
Bernstein
Bob Brackett
6%upside
$167
Market Perform
Downgraded
17 Jul 2024
Scotiabank
Paul Cheng
14%upside
$180
Sector Outperform
Maintained
12 Jul 2024
Mizuho
Nitin Kumar
30%upside
$205
Buy
Maintained
13 May 2024
Truist Securities
Neal Dingmann
5%upside
$166
Hold
Maintained
10 May 2024

Financial journalist opinion

Based on 99 articles about CVX published over the past 30 days