Is Chevron Corp Stock a Good Investment?
Chevron Corp Investment Advice | CVX |
- Examine Chevron Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Chevron Corp's leadership team and their track record. Good management can help Chevron Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Chevron Corp's business and its evolving consumer preferences.
- Compare Chevron Corp's performance and market position to its competitors. Analyze how Chevron Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Chevron Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Chevron Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Chevron Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Chevron Corp is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Chevron Corp Stock
Researching Chevron Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 69.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chevron Corp recorded earning per share (EPS) of 9.1. The entity last dividend was issued on the 18th of November 2024. The firm had 2:1 split on the 13th of September 2004.
To determine if Chevron Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Chevron Corp's research are outlined below:
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| On 10th of December 2024 Chevron Corp paid $ 1.63 per share dividend to its current shareholders | |
| Latest headline from electrek.co: Court rejects challenge to Californias clean air rules trump said hed kill |
Chevron Corp Quarterly Good Will |
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Chevron Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Chevron Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chevron Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of April 2024 Upcoming Quarterly Report | View | |
| 26th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 7th of February 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Chevron Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Chevron Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-04-22 | 1999-03-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2016-04-29 | 2016-03-31 | -0.16 | -0.11 | 0.05 | 31 | ||
1998-07-23 | 1998-06-30 | 0.38 | 0.44 | 0.06 | 15 | ||
1996-04-22 | 1996-03-31 | 0.41 | 0.47 | 0.06 | 14 | ||
1997-04-23 | 1997-03-31 | 0.55 | 0.62 | 0.07 | 12 | ||
2021-01-29 | 2020-12-31 | 0.07 | -0.01 | -0.08 | 114 | ||
2009-05-01 | 2009-03-31 | 0.81 | 0.72 | -0.09 | 11 | ||
2002-04-25 | 2002-03-31 | 0.35 | 0.44 | 0.09 | 25 |
Know Chevron Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Chevron Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chevron Corp backward and forwards among themselves. Chevron Corp's institutional investor refers to the entity that pools money to purchase Chevron Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 19.1 M | Wells Fargo & Co | 2024-09-30 | 19 M | Franklin Resources Inc | 2024-09-30 | 17.2 M | Ameriprise Financial Inc | 2024-09-30 | 16.5 M | Bank Of New York Mellon Corp | 2024-09-30 | 14.1 M | Amvescap Plc. | 2024-09-30 | 14.1 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 13.5 M | State Farm Mutual Automobile Ins Co | 2024-09-30 | 13.3 M | Legal & General Group Plc | 2024-09-30 | 13.1 M | State Street Corp | 2024-09-30 | 159.1 M | Vanguard Group Inc | 2024-09-30 | 158.5 M |
Chevron Corp's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 266.3 B.Market Cap |
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Chevron Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.20 | 0.20 | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.13 | 0.14 |
Determining Chevron Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Chevron Corp is a good buy. For example, gross profit margin measures Chevron Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Chevron Corp's profitability and make more informed investment decisions.
Chevron Corp's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Chevron Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chevron Corp. Check Chevron Corp's Beneish M Score to see the likelihood of Chevron Corp's management manipulating its earnings.
Evaluate Chevron Corp's management efficiency
Chevron Corp has Return on Asset of 0.0537 % which means that on every $100 spent on assets, it made $0.0537 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1035 %, implying that it generated $0.1035 on every 100 dollars invested. Chevron Corp's management efficiency ratios could be used to measure how well Chevron Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Chevron Corp's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 274.7 B in 2024, whereas Total Assets are likely to drop slightly above 171.8 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 86.08 | 90.39 | |
| Tangible Book Value Per Share | 83.57 | 87.75 | |
| Enterprise Value Over EBITDA | 6.54 | 5.13 | |
| Price Book Value Ratio | 1.74 | 2.06 | |
| Enterprise Value Multiple | 6.54 | 5.13 | |
| Price Fair Value | 1.74 | 2.06 | |
| Enterprise Value | 268.6 B | 282.1 B |
The leadership approach at Chevron Corp's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Dividend Yield 0.0437 | Forward Dividend Yield 0.0437 | Forward Dividend Rate 6.52 | Beta 1.078 |
Basic technical analysis of Chevron Stock
As of the 17th of December 2024, Chevron Corp shows the mean deviation of 0.8755, and Risk Adjusted Performance of 0.0724. Chevron Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Chevron Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chevron Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chevron Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chevron Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patricia Yarrington over a year ago Sale by Patricia Yarrington of 135000 shares of Chevron Corp | ||
Zygocki Rhonda I over a year ago Exercise or conversion by Zygocki Rhonda I of 5600 shares of Chevron Corp subject to Rule 16b-3 |
Chevron Corp's Outstanding Corporate Bonds
Chevron Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chevron Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chevron bonds can be classified according to their maturity, which is the date when Chevron Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| CHEVRON P Corp BondUS166764CA68 | View | |
| US166754AS05 Corp BondUS166754AS05 | View | |
| US166754AP65 Corp BondUS166754AP65 | View | |
| CHEVRON USA INC Corp BondUS166756AE66 | View | |
| CHEVRON USA INC Corp BondUS166756AH97 | View | |
| CHEVRON USA INC Corp BondUS166756AL00 | View | |
| CVX 39 15 NOV 24 Corp BondUS166756AP14 | View | |
| US166756AQ96 Corp BondUS166756AQ96 | View |
Understand Chevron Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Chevron Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0724 | |||
| Market Risk Adjusted Performance | 0.2238 | |||
| Mean Deviation | 0.8755 | |||
| Semi Deviation | 1.12 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 1055.06 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Information Ratio | 0.0239 | |||
| Jensen Alpha | 0.0674 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0228 | |||
| Treynor Ratio | 0.2138 | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.21 | |||
| Downside Variance | 1.58 | |||
| Semi Variance | 1.26 | |||
| Expected Short fall | (0.91) | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.7203 |
| Risk Adjusted Performance | 0.0724 | |||
| Market Risk Adjusted Performance | 0.2238 | |||
| Mean Deviation | 0.8755 | |||
| Semi Deviation | 1.12 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 1055.06 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Information Ratio | 0.0239 | |||
| Jensen Alpha | 0.0674 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0228 | |||
| Treynor Ratio | 0.2138 | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.21 | |||
| Downside Variance | 1.58 | |||
| Semi Variance | 1.26 | |||
| Expected Short fall | (0.91) | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.7203 |
Consider Chevron Corp's intraday indicators
Chevron Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chevron Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 139378.0 | |||
| Daily Balance Of Power | (0.72) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 147.78 | |||
| Day Typical Price | 147.89 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (1.25) |
Chevron Corp Corporate Filings
8K | 10th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
13A | 16th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Chevron Stock media impact
Far too much social signal, news, headlines, and media speculation about Chevron Corp that are available to investors today. That information is available publicly through Chevron media outlets and privately through word of mouth or via Chevron internal channels. However, regardless of the origin, that massive amount of Chevron data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Chevron Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Chevron Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Chevron Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Chevron Corp alpha.
Chevron Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Chevron Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Chevron Corp Historical Investor Sentiment
Investor biases related to Chevron Corp's public news can be used to forecast risks associated with an investment in Chevron. The trend in average sentiment can be used to explain how an investor holding Chevron can time the market purely based on public headlines and social activities around Chevron Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chevron Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chevron Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Chevron Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Chevron Corp.
Chevron Corp Corporate Directors
| Charles Moorman | Independent Director | Profile | |
| Marillyn Hewson | Independent Director | Profile | |
| John Frank | Independent Director | Profile | |
| Debra ReedKlages | Independent Director | Profile |
Additional Tools for Chevron Stock Analysis
When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.