Stock Analysis

Why Chevron Corporation (NYSE:CVX) Is An Attractive Investment To Consider

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NYSE:CVX
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Attractive stocks have exceptional fundamentals. In the case of Chevron Corporation (NYSE:CVX), there's is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Chevron here.

6 star dividend payer with adequate balance sheet

CVX is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that CVX has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. CVX appears to have made good use of debt, producing operating cash levels of 0.89x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NYSE:CVX Historical Debt, April 10th 2019
NYSE:CVX Historical Debt, April 10th 2019

For those seeking income streams from their portfolio, CVX is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.8%, making it one of the best dividend companies in the market.

NYSE:CVX Historical Dividend Yield, April 10th 2019
NYSE:CVX Historical Dividend Yield, April 10th 2019

Next Steps:

For Chevron, I've put together three important factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for CVX’s future growth? Take a look at our free research report of analyst consensus for CVX’s outlook.
  2. Historical Performance: What has CVX's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CVX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

About NYSE:CVX

Chevron

Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide.

The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.

Analysis AreaScore (0-6)
Valuation0
Future Growth0
Past Performance6
Financial Health5
Dividends5

Read more about these checks in the individual report sections or in our analysis model.

Outstanding track record with excellent balance sheet and pays a dividend.