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CVX

CVXChevron Corporation

NYSE

Energy · Oil & Gas Integrated

$175.98+0.53%
Mkt Cap: $350.48BDY: 4.05%

Chevron Corporation (CVX) stock trades at $175.98, up 0.53% on the day. With a market capitalization of $350.48 billion, CVX is a mega-cap energy stock. It trades at a price-to-earnings (P/E) ratio of 30.7, a forward P/E of 14.0 and earnings per share (EPS) of $5.74. Over the most recent period the company reported 2% year-over-year revenue growth and a net profit margin of 5.9%. Below you'll find CVX's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.

Price & Performance

Performance

Analysis & Verdict

Chevron Corporation (CVX) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

Chevron Corporation (CVX) operates in the Oil & Gas Integrated space within the Energy sector. With a market cap of $350.5B, it qualifies as a large-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case3
  • Forward P/E (14.0×) is lower than trailing P/E (30.7×) — analysts expect earnings to improve
  • Dividend yield of 4.05% provides consistent income on top of price appreciation
  • Low beta of 0.47 — less volatile than the market, suitable for conservative portfolios
Bear Case3
  • P/E of 30.7× is above average — valuation requires continued strong growth to justify
  • Earnings fell 45% YoY — profitability is under pressure
  • High debt-to-equity of 23.99× increases financial risk, especially with elevated interest rates

Verdict

Hold

Mixed signals — strengths and risks roughly balance. Wait for a clearer catalyst.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Fair Value Estimates

Current price: $175.98

Graham Number

√(22.5 × EPS × Book Value)

$109.54

-37.8% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$101.30

-42.4% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

7/10

70% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

6.6%

Return on equity — measures how efficiently capital is used

Positive profit margin

5.9%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+2.3%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-44.5%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

23.99×

Low financial leverage reduces risk of distress

Current ratio above 1

1.09×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$1.8B/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

4.05%

Stock must distribute income to shareholders

Financials

Revenue & Results

Key Statistics

Market Cap$350.48B
P/E Ratio30.66
Forward P/E14.00
P/B Ratio
PEG Ratio0.71

Earnings

Next Earnings

Jul 31, 2026

37

days

EPS (TTM)

$5.74

P/E (TTM)

30.7

Fwd P/E

14.0

SEC Filings & Reported Financials

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Insider Transactions

SEC Form 4 · officers, directors & 10% owners

Dividends & Income

Dividends

Current DY

4.05%

5Y Avg Annual

$5.7280

Last Payment

$1.7800

Ex-Date

05/19/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest05/19/2026
06/10/2026$1.78004.05%
02/17/2026
03/11/2026$1.78004.05%
11/18/2025
12/10/2025$1.71003.89%
08/19/2025
09/10/2025$1.71003.89%
05/19/2025
06/10/2025$1.71003.89%
02/14/2025
03/08/2025$1.71003.89%
11/18/2024
12/10/2024$1.63003.70%
08/19/2024
09/10/2024$1.63003.70%

Magic Number

Shares needed to self-fund your next purchase

$175.98

Price

÷

$1.7800

Last div. (quarterly)

=

99

shares

Own 99 CVX shares ($17,422.02) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$17,422.02

New shares / year

+4 shares

Tools & Simulators

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

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About Chevron Corporation

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. Its Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The All Other segment engages in cash management and debt financing; insurance; real estate; and technology activities. It has operations in North America, South America, Europe, Africa, Asia, and Australia. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.

Sector

Energy

Industry

Oil & Gas Integrated

Location

Houston, United States

Employees

43,039

Listed on NYSE

CVX — Frequently Asked Questions

Is Chevron Corporation (CVX) a good stock to buy in 2026?

Chevron Corporation (CVX) shows risks such as high leverage (debt/equity of 24.0). Whether CVX is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.

What is CVX's stock price today?

Chevron Corporation (CVX) trades at $175.98, up 0.53% on the session. Prices on this page update throughout the trading day.

Does CVX pay a dividend?

Yes. Chevron Corporation pays an annual dividend of $7.12 per share, a dividend yield of 4.05%. The most recent ex-dividend date was May 19, 2026. Its payout ratio is about 120% of earnings.

Is CVX overvalued?

With a P/E ratio of 30.7×, CVX is valued above the broad-market average for the energy sector. Its PEG ratio is 0.71 (below 1, which can signal growth at a reasonable price). See the Fair Value Estimates section above for Graham Number and dividend-based price targets.

What is CVX's market cap?

Chevron Corporation (CVX) has a market capitalization of $350.48 billion, classifying it as a mega-cap stock in the Energy sector.

Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.