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Chevron Corp CVX

Morningstar Rating
$156.64 +3.31 (2.16%)
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Company Report

Price vs Fair Value

CVX is trading at a 342% premium.
Price
$153.33
Fair Value
$843.00
Uncertainty
High
1-Star Price
$317.70
5-Star Price
$396.60
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Returns and free cash flow generation should improve, thanks to a cap on capital spending and the addition of higher-margin production volumes.

Bears

Chevron is unlikely to ever see earnings or returns on par with historical averages, given past investments and lower oil prices.

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News

Trading Information

Previous Close Price
$153.33
Day Range
$153.25157.41
52-Week Range
$139.62171.70
Bid/Ask
$156.64 / $156.75
Market Cap
$286.46 Bil
Volume/Avg
8.3 Mil / 7.1 Mil

Key Statistics

Price/Earnings (Normalized)
12.34
Price/Sales
1.47
Dividend Yield (Trailing)
4.10%
Dividend Yield (Forward)
4.25%
Total Yield
9.15%

Company Profile

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 3.1 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.8 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 2023 stood at 11.1 billion barrels of oil equivalent, including 6.0 billion barrels of liquids and 30.4 trillion cubic feet of natural gas.
Sector
Energy
Industry
Oil & Gas Integrated
Stock Style Box
Large Value
Total Number of Employees
45,600

Competitors

Valuation

Metric
CVX
XOM
TTE
Price/Earnings (Normalized)
12.3412.508.39
Price/Book Value
1.752.101.31
Price/Sales
1.471.330.75
Price/Cash Flow
7.537.914.72
Price/Earnings
CVX
XOM
TTE

Financial Strength

Metric
CVX
XOM
TTE
Quick Ratio
0.811.020.63
Current Ratio
1.231.381.09
Interest Coverage
60.2954.0712.35
Quick Ratio
CVX
XOM
TTE

Profitability

Metric
CVX
XOM
TTE
Return on Assets (Normalized)
9.02%9.46%7.60%
Return on Equity (Normalized)
14.52%17.46%18.74%
Return on Invested Capital (Normalized)
12.92%14.30%12.81%
Return on Assets
CVX
XOM
TTE
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas Integrated Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Exxon Mobil Corp
XOM
DlbmcdhjpgVddhgkg$490.7 Bil
PetroChina Co Ltd Class H
PCCYF
Bzmw$241.3 Bil
Shell PLC
RYDAF
Yty$219.8 Bil
Shell PLC ADR (Representing - Ordinary Shares)
SHEL
JpsxybkyfLmyf$219.8 Bil
TotalEnergies SE ADR
TTE
GqrjlgvzcRch$153.2 Bil
BP PLC ADR
BP
SsmclnbnGbs$98.6 Bil
Petroleo Brasileiro SA Petrobras ADR
PBR
LqkbrdwvZfht$87.5 Bil
Equinor ASA ADR
EQNR
CwjvwpsMgxcm$79.8 Bil
Eni SpA ADR
E
FbgdlrsLhtw$47.6 Bil

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