Chevron Corporation

NYSE:CVX Stock Report

Market Cap: US$256.7b

Chevron Future Growth

Future criteria checks 1/6

Chevron's revenue is forecast to decline at 0.9% per annum while its annual earnings are expected to grow at 7.8% per year. EPS is expected to grow by 10.2% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

7.8%

Earnings growth rate

10.2%

EPS growth rate

Oil and Gas earnings growth8.3%
Revenue growth rate-0.9%
Future return on equity12.9%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Chevron Corporation Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next

Nov 05
Chevron Corporation Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next

Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Aug 05
Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Apr 30
Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Recent updates

Chevron: Cash, Baby, Cash Is Good News For Shareholders

Dec 18

Chevron: Oil Prices Break Below $70, But CVX Remains Undervalued

Dec 08

Chevron: A Top Energy Investment For 2025

Nov 18

Chevron Corporation Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next

Nov 05
Chevron Corporation Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next

Chevron: Good Quarter But Mr. Market Turns Pessimistic

Nov 03

Chevron: 3 Reasons This Is The King Of Oil Dividend Aristocrats

Oct 22

We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt

Oct 18
We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt

Chevron: Think Of The Future - Buy

Oct 06

Striking Oil: Why Chevron Remains A Strong Buy

Sep 20

Chevron: Don't Miss This Buying Opportunity

Aug 20

Buy Chevron Stock For The Overhangs

Aug 14

Chevron Options Still Offer Better Prospects Than Hess

Aug 07

Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Aug 05
Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Chevron Has A Strong Growth Trajectory Into 2025

Jul 31

Sentiment Still Eluding Chevron Corporation (NYSE:CVX)

Jul 26
Sentiment Still Eluding Chevron Corporation (NYSE:CVX)

Chevron: I Don't Own It But I Should As It Yields Over 4%

Jul 08

Chevron's 4.2% Yield Is A Steal (Upgrade)

Jul 01

Is Chevron (NYSE:CVX) Using Too Much Debt?

Jun 07
Is Chevron (NYSE:CVX) Using Too Much Debt?

Chevron: Never Bet Against A Leading Oil Major

Jun 04

It's Unlikely That Chevron Corporation's (NYSE:CVX) CEO Will See A Huge Pay Rise This Year

May 23
It's Unlikely That Chevron Corporation's (NYSE:CVX) CEO Will See A Huge Pay Rise This Year

Chevron Stock's EPS Growth Potential Can Surprise Market

May 08

Chevron: The Fast Way To Hot Spots

May 01

Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Apr 30
Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report

Chevron: Resilient To Oil Price Volatility But Wait For A Pullback

Apr 19

Chevron: A Strong Q1 Report Is Ahead

Apr 13

Chevron: Solid As A Cap Rock But Fairly Valued For Now

Mar 26

Chevron: Exxon Barges In To Scupper The Hess Deal Closure

Mar 12

Chevron Is A Solid Company At A Respectable Price

Feb 27

Earnings and Revenue Growth Forecasts

NYSE:CVX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026202,96623,51326,28643,8439
12/31/2025191,51219,41821,10938,21310
12/31/2024197,75519,05216,34432,99513
9/30/2024191,68916,68118,76035,231N/A
6/30/2024195,04818,72018,14135,230N/A
3/31/2024192,85020,29618,35235,232N/A
12/31/2023194,79921,36919,78035,609N/A
9/30/2023203,06525,46320,37035,673N/A
6/30/2023214,53430,16827,64241,267N/A
3/31/2023233,30635,78035,70048,752N/A
12/31/2022235,91635,46537,62849,602N/A
9/30/2022227,69234,16735,81746,562N/A
6/30/2022206,00029,04730,21739,874N/A
3/31/2022175,81220,50724,77633,046N/A
12/31/2021155,06715,62521,13129,187N/A
9/30/2021134,1969,90514,45021,967N/A
6/30/2021115,6413,5879,68516,925N/A
3/31/202195,450-7,7652,51610,051N/A
12/31/202094,005-5,5431,65510,577N/A
9/30/202096,411-11,4882,93113,996N/A
6/30/2020107,193-8,7015,47218,276N/A
3/31/2020127,5903,87412,68326,979N/A
12/31/2019139,3652,92413,19827,314N/A
9/30/2019137,76813,26416,91130,808N/A
6/30/2019145,09414,73118,45432,560N/A
3/31/2019149,26213,83516,88430,632N/A
12/31/2018151,04114,82416,82630,618N/A
9/30/2018153,07114,20514,11827,560N/A
6/30/2018142,99112,110N/A23,488N/A
3/31/2018133,60610,151N/A21,604N/A
12/31/2017127,4859,195N/A20,338N/A
9/30/2017121,4236,499N/A18,108N/A
6/30/2017116,7855,830N/A17,922N/A
3/31/2017111,7392,910N/A15,482N/A
12/31/2016103,310-497N/A12,690N/A
9/30/2016101,162-1,500N/A13,540N/A
6/30/2016104,742-746N/A13,589N/A
3/31/2016113,5461,295N/A18,278N/A
12/31/2015122,5664,587N/A19,456N/A
9/30/2015136,3768,646N/A21,396N/A
6/30/2015155,11512,202N/A24,716N/A
3/31/2015173,71417,296N/A25,377N/A
12/31/2014192,30819,241N/A31,475N/A
9/30/2014204,02320,700N/A35,430N/A
6/30/2014208,69720,057N/A37,066N/A
3/31/2014208,43319,757N/A37,705N/A
12/31/2013211,66421,423N/A35,002N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVX's forecast earnings growth (7.8% per year) is above the savings rate (2.6%).

Earnings vs Market: CVX's earnings (7.8% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: CVX's earnings are forecast to grow, but not significantly.

Revenue vs Market: CVX's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: CVX's revenue is forecast to decline over the next 3 years (-0.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CVX's Return on Equity is forecast to be low in 3 years time (12.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:37
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chevron Corporation is covered by 66 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Betty JiangBarclays