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CVX

Chevron NYSE:CVX Stock Report

Last Price

US$167.82

Market Cap

US$329.7b

7D

-0.03%

1Y

61.2%

Updated

22 May, 2022

Data

Company Financials +
CVX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends5/6

CVX Stock Overview

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

Chevron Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chevron
Historical stock prices
Current Share PriceUS$167.82
52 Week HighUS$175.65
52 Week LowUS$92.86
Beta1.09
1 Month Change4.27%
3 Month Change25.78%
1 Year Change61.18%
3 Year Change41.37%
5 Year Change60.26%
Change since IPO871.11%

Recent News & Updates

May 20
Returns On Capital Are Showing Encouraging Signs At Chevron (NYSE:CVX)

Returns On Capital Are Showing Encouraging Signs At Chevron (NYSE:CVX)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

May 16

Buy Energy On The Dip: 3 Top Stocks With Great Yields

Oil and gas are at the forefront of rising prices. YTD, the Energy Sector (XLE) is +40%, and high-yielding stocks may offset some of the pain at the pump. As a percentage of the S&P 500 market capitalization, energy is 60% lower in 2022, than it was in 2000. The entire sector might be undervalued by historical standards. Market volatility is creating more fear, suppressing some energy stocks, and limiting the upside. As geopolitical risks spook investors, our Quant model has identified energy stocks at discounts. The three energy stocks featured here are Strong Buys based on their promising growth potential, solid profitability, safe dividends, and great dividend yields. The yields on each of our stock picks are more than double the yield on the S&P 500.

Shareholder Returns

CVXUS Oil and GasUS Market
7D-0.03%1.3%-2.7%
1Y61.2%52.5%-12.9%

Return vs Industry: CVX exceeded the US Oil and Gas industry which returned 52.5% over the past year.

Return vs Market: CVX exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is CVX's price volatile compared to industry and market?
CVX volatility
CVX Average Weekly Movement5.1%
Oil and Gas Industry Average Movement8.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: CVX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CVX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187942,595Mike Wirthhttps://www.chevron.com

Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.

Chevron Fundamentals Summary

How do Chevron's earnings and revenue compare to its market cap?
CVX fundamental statistics
Market CapUS$329.73b
Earnings (TTM)US$20.51b
Revenue (TTM)US$176.84b

16.1x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVX income statement (TTM)
RevenueUS$176.84b
Cost of RevenueUS$104.45b
Gross ProfitUS$72.39b
Other ExpensesUS$51.88b
EarningsUS$20.51b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)10.44
Gross Margin40.93%
Net Profit Margin11.60%
Debt/Equity Ratio19.9%

How did CVX perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Chevron undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


16.08x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CVX ($167.82) is trading above our estimate of fair value ($139.6)

Significantly Below Fair Value: CVX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CVX is poor value based on its PE Ratio (16.1x) compared to the US Oil and Gas industry average (13.3x).

PE vs Market: CVX is poor value based on its PE Ratio (16.1x) compared to the US market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: CVX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CVX is overvalued based on its PB Ratio (2.3x) compared to the US Oil and Gas industry average (2.1x).


Future Growth

How is Chevron forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-16.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVX's earnings are forecast to decline over the next 3 years (-16% per year).

Earnings vs Market: CVX's earnings are forecast to decline over the next 3 years (-16% per year).

High Growth Earnings: CVX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CVX's revenue is expected to decline over the next 3 years (-8.5% per year).

High Growth Revenue: CVX's revenue is forecast to decline over the next 3 years (-8.5% 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 (13.5%).


Past Performance

How has Chevron performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CVX has high quality earnings.

Growing Profit Margin: CVX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CVX's earnings have declined by 7.8% per year over the past 5 years.

Accelerating Growth: CVX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CVX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (88.4%).


Return on Equity

High ROE: CVX's Return on Equity (14%) is considered low.


Financial Health

How is Chevron's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CVX's short term assets ($44.7B) exceed its short term liabilities ($31.2B).

Long Term Liabilities: CVX's short term assets ($44.7B) do not cover its long term liabilities ($70.7B).


Debt to Equity History and Analysis

Debt Level: CVX's net debt to equity ratio (12%) is considered satisfactory.

Reducing Debt: CVX's debt to equity ratio has reduced from 30.5% to 19.9% over the past 5 years.

Debt Coverage: CVX's debt is well covered by operating cash flow (112.7%).

Interest Coverage: CVX's interest payments on its debt are well covered by EBIT (33.2x coverage).


Balance Sheet


Dividend

What is Chevron current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CVX's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: CVX's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.11%).


Stability and Growth of Payments

Stable Dividend: CVX's dividends per share have been stable in the past 10 years.

Growing Dividend: CVX's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51%), CVX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45%), CVX's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Mike Wirth (60 yo)

4.25yrs

Tenure

US$22,610,285

Compensation

Mr. Michael K. Wirth, also known as Mike, has been Chairman and Chief Executive Officer of Chevron Corporation since February 01, 2018. He is a Director at Chevron Corporation since February 1, 2017. He se...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD22.61M) is above average for companies of similar size in the US market ($USD13.34M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CVX's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: CVX's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CVX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Chevron Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Chevron Corporation
  • Ticker: CVX
  • Exchange: NYSE
  • Founded: 1879
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Implied Market Cap: US$329.735b
  • Shares outstanding: 1.96b
  • Website: https://www.chevron.com

Number of Employees


Location

  • Chevron Corporation
  • 6001 Bollinger Canyon Road
  • San Ramon
  • California
  • 94583-2324
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.