ChevronCVX
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: 1,566 | Existing positions reduced: 1,554
0.34% more ownership
Funds ownership: 74.96% [Q1] → 75.3% (+0.34%) [Q2]
8% less call options, than puts
Call options by funds: $2.87B | Put options by funds: $3.11B
4% less funds holding
Funds holding: 3,764 [Q1] → 3,612 (-152) [Q2]
14% less capital invested
Capital invested by funds: $219B [Q1] → $188B (-$31.3B) [Q2]
31% less first-time investments, than exits
New positions opened: 153 | Existing positions closed: 223
57% less funds holding in top 10
Funds holding in top 10: 162 [Q1] → 69 (-93) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
UBS Josh Silverstein | 25%upside $197 | Buy Maintained | 20 Aug 2025 |
Melius Research James West | 2%downside $155 | Hold Initiated | 20 Aug 2025 |
Piper Sandler Ryan Todd | 6%upside $168 | Overweight Maintained | 18 Aug 2025 |
Evercore ISI Group Stephen Richardson | 14%upside $180 | Outperform Reinstated | 31 Jul 2025 |
Wells Fargo Roger Read | 13%upside $178 | Overweight Maintained | 23 Jul 2025 |
Financial journalist opinion
Based on 99 articles about CVX published over the past 30 days









