Chevron (CVX)

• Market cap: $321B
• 1 day: 1.42%
• 5 days: 2.9%
• 1 month: 2.72%
• 3 months: 9.25%
• 6 months: 0.52%
• Year to date: 8.75%
• 1 year: 12.28%
• 5 years: 103.08%
• 10 years: 101.9%
• Sector: Energy
• Industry: Oil & Gas Integrated

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 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 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 2024 stood at 9.8 billion barrels of oil equivalent, including 5.1 billion barrels of liquids and 28.4 trillion cubic feet of natural gas.

Employees: 45,298

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1% more repeat investments, than reductions

Existing positions increased: 1,581 | Existing positions reduced: 1,559

0.56% more ownership

Funds ownership: 74.97% [Q1] → 75.52% (+0.56%) [Q2]

6% less call options, than puts

Call options by funds: $3.65B | Put options by funds: $3.88B

3% less funds holding

Funds holding: 3,768 [Q1] → 3,638 (-130) [Q2]

14% less capital invested

Capital invested by funds: $219B [Q1] → $188B (-$30.8B) [Q2]

30% less first-time investments, than exits

New positions opened: 158 | Existing positions closed: 225

57% less funds holding in top 10

Funds holding in top 10: 162 [Q1] → 69 (-93) [Q2]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $155
• Avg. target: $174
• High target: $197

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

Mizuho Nitin Kumar	$191	Outperform Maintained	15 Sep 2025
B of A Securities Jean Ann Salisbury	$185	Buy Maintained	10 Sep 2025
UBS Josh Silverstein	$197	Buy Maintained	20 Aug 2025
Melius Research James West	$155	Hold Initiated	20 Aug 2025
Piper Sandler Ryan Todd	$168	Overweight Maintained	18 Aug 2025