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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
91% more first-time investments, than exits
New positions opened: 250 | Existing positions closed: 131
69% more funds holding in top 10
Funds holding in top 10: 94 [Q4 2024] → 159 (+65) [Q1 2025]
37% more call options, than puts
Call options by funds: $5.04B | Put options by funds: $3.67B
11% more capital invested
Capital invested by funds: $197B [Q4 2024] → $219B (+$21.6B) [Q1 2025]
1% more funds holding
Funds holding: 3,691 [Q4 2024] → 3,728 (+37) [Q1 2025]
10% more repeat investments, than reductions
Existing positions increased: 1,645 | Existing positions reduced: 1,497
0.57% more ownership
Funds ownership: 74.32% [Q4 2024] → 74.88% (+0.57%) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Piper Sandler Ryan Todd | 11%upside $162 | Overweight Maintained | 13 May 2025 |
HSBC Kim Fustier | 8%upside $158 | Hold Downgraded | 13 May 2025 |
Mizuho Nitin Kumar | 27%upside $186 | Outperform Maintained | 13 May 2025 |
Wells Fargo Roger Read | 12%upside $164 | Overweight Maintained | 5 May 2025 |
Redburn Atlantic Peter Low | 15%downside $124 | Sell Downgraded | 23 Apr 2025 |
Financial journalist opinion
Based on 88 articles about CVX published over the past 30 days









