Skip to main content
    C

    Chevron Corp (CVX)

    Official site

    ENERGY • OIL & GAS INTEGRATED • NYSE

    $219.40
    -2.64 (-1.19%)

    Market Cap: $430.22B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    64%(25/39)
    Avg Surprise
    +3.01%
    Streak
    6 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$4.83
    Range$3.61 - $5.75
    20 analysts
    EPS Revisions
    1
    0
    7d
    2
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$4.24+13.8%
    60d ago$4.56+5.9%
    30d ago$4.73+2.0%
    7d ago$4.70+2.7%
    Current$4.83
    Revenue Consensus
    $56.8B
    Range$48.4B - $62.0B
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$5.60
    Range$2.61 - $8.96
    24 analysts
    Revenue Consensus
    $62.6B
    Range$34.8B - $78.8B
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$5.60---
    Sep 26EST
    		-$4.83---
    Jun 26
    Reported Jul 31
    		$6.06$5.80+4.48%Beat+242.4%
    Mar 26
    Reported May 1
    		$1.41$0.97+45.36%Beat-35.3%
    Dec 25
    Reported Jan 30
    		$1.52$1.44+5.56%Beat-26.2%
    Sep 25
    Reported Oct 31
    		$1.85$1.71+8.19%Beat-26.3%
    Jun 25
    Reported Aug 1
    		$1.77$1.74+1.72%Beat-30.6%
    Mar 25
    Reported May 2
    		$2.18$2.15+1.40%Beat-25.6%
    Dec 24
    Reported Jan 31
    		$2.06$2.11-2.37%Miss-40.3%
    Sep 24
    Reported Nov 1
    		$2.51$2.42+3.72%Beat-17.7%
    Jun 24
    Reported Aug 2
    		$2.55$3.00-15.00%Miss-17.2%
    Mar 24
    Reported Apr 26
    		$2.93$2.91+0.69%Beat-17.5%
    Dec 23
    Reported Feb 2
    		$3.45$3.22+7.14%Beat-15.6%
    Sep 23
    Reported Oct 27
    		$3.05$3.68-17.12%Miss-45.1%
    Jun 23
    Reported Jul 28
    		$3.08$2.98+3.36%Beat-47.1%
    Mar 23
    Reported Apr 28
    		$3.55$3.38+5.03%Beat+5.7%
    Dec 22
    Reported Jan 27
    		$4.09$4.30-4.88%Miss+59.8%
    Sep 22
    Reported Oct 28
    		$5.56$4.92+13.01%Beat+87.8%
    Jun 22
    Reported Jul 29
    		$5.82$5.03+15.71%Beat+240.4%
    Mar 22
    Reported Apr 29
    		$3.36$3.45-2.61%Miss+273.3%
    Dec 21
    Reported Jan 28
    		$2.56$3.12-17.95%Miss+25700.0%
    Sep 21
    Reported Oct 29
    		$2.96$2.19+35.16%Beat+2590.9%
    Jun 21
    Reported Jul 30
    		$1.71$1.60+6.88%Beat+207.5%
    Mar 21
    Reported Apr 30
    		$0.90$0.94-4.26%Miss-30.2%
    Dec 20
    Reported Jan 29
    		$-0.01N/A-111.11%Miss-100.7%
    Sep 20
    Reported Oct 30
    		$0.11N/A+140.74%Beat-92.9%
    Jun 20
    Reported Jul 31
    		$-1.59$-0.92-72.83%Miss-189.8%
    Mar 20
    Reported May 1
    		$1.29$0.67+92.54%Beat-12.2%
    Dec 19
    Reported Jan 31
    		$1.49$1.46+2.05%Beat-23.6%
    Sep 19
    Reported Nov 1
    		$1.55$1.46+6.16%Beat-36.5%
    Jun 19
    Reported Aug 2
    		$1.77$1.82-2.75%Miss-0.6%
    Mar 19
    Reported Apr 26
    		$1.47$1.33+10.53%Beat-22.6%
    Dec 18
    Reported Feb 1
    		$1.95$1.89+3.17%Beat+170.8%
    Sep 18
    Reported Nov 2
    		$2.44$2.06+18.45%Beat+187.1%
    Jun 18
    Reported Jul 27
    		$1.78$2.09-14.83%Miss+95.6%
    Mar 18
    Reported Apr 27
    		$1.90$1.49+27.52%Beat+54.5%
    Dec 17
    Reported Feb 2
    		$0.72$1.24-41.94%Miss+242.9%
    Sep 17
    Reported Oct 27
    		$0.85$0.97-12.37%Miss-
    Jun 17
    Reported Jul 28
    		$0.91$0.87+4.60%Beat-
    Mar 17
    Reported Apr 28
    		$1.23$0.87+41.38%Beat-
    Dec 16
    Reported Jan 27
    		$0.21N/A-67.19%Miss-

    Dividends

    Dividend Metrics

    Forward Yield3.25%
    Forward Annual Dividend$7.12
    Payout Ratio66.24%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+6.39%
    5Y CAGR+5.80%
    CVX dividend history and ex-dividend datesRun CVX in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio20.24EV/EBITDA8.28x
    Price/FCF16.00xFCF Yield6.25%
    Profitability
    Profit Margin9.83%Operating Margin21.90%
    ROE12.20%ROIC9.67%
    Financial Health
    Debt/Equity0.20xInterest Coverage22.46x
    Current Ratio1.25xQuick Ratio0.98x
    Trading Statistics
    Beta0.52Avg Volume9.26M
    52-Week High$223.4652-Week Low$142.51

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$212.36
    SMA 20$208.84
    SMA 50$206.12
    SMA 200$187.67
    EMA 10$214.10
    EMA 20$211.14
    EMA 50$205.31
    EMA 200$187.28

    MACD

    Line: 3.35Signal: 2.04Hist: 1.31

    ADX

    ADX: 19.1+DI: 30.8-DI: 13.0

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down32.0
    PSAR$209.69

    Bollinger Bands

    Upper Band$220.13
    Lower Band$197.56
    %B Position1081%(Upper)
    Band Width0.97

    RSI (14-Day)

    Neutral
    65.7

    Momentum Oscillators

    Stoch %K90.8
    Stoch %D91.2
    Williams %R-18.9
    ROC (10d)5.9%
    Momentum12.30
    CCI (20d)171.3
    MFI (14d)74.7

    Volatility Measures

    ATR (14d)$4.47(2.0%)
    StdDev (20d)5.64
    Hist Vol21.6%(Moderate)

    Volume Flow

    VWAP$220.30
    OBV345.4M
    AD Line-5.4B
    CMF (20d)-0.037

    Volume Metrics

    Avg Vol (20d)9.4M
    Vol Ratio0.7x
    VWMA (20d)$209.09

    Pivot Points

    R3$227.56
    R2$225.05
    R1$223.55
    Pivot Point$221.04
    S1$219.54
    S2$217.03
    S3$215.53

    Advanced Oscillators

    TSI21.19
    Ultimate Osc56.8
    KST19.69

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$70.06B$48.61B$46.87B$49.73B$44.82B$47.61B$52.23B$50.67B$51.18B$48.72B$47.18B$54.08B
    Cost of Revenue$36.61B$28.27B$25.35B$27.40B$26.86B$28.61B$30.15B$30.45B$30.87B$27.74B$28.48B$32.33B
    Gross Profit$33.45B$20.34B$21.52B$22.33B$17.96B$19.00B$22.08B$20.22B$20.31B$20.98B$18.70B$21.75B
    Operating Expenses$16.41B$16.05B$16.57B$16.54B$13.54B$13.21B$15.82B$13.57B$13.16B$12.94B$15.09B$12.90B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$8.77B$8.74B$8.88B$9.06B$7.56B$7.63B$9.21B$7.89B$7.66B$7.54B$7.48B$7.46B
    Operating Income$17.04B$4.29B$4.96B$5.78B$4.42B$5.79B$6.26B$6.65B$7.15B$8.04B$3.61B$8.85B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$352.00M$345.00M$361.00M$370.00M$274.00M$212.00M$199.00M$164.00M$113.00M$118.00M$120.00M$114.00M
    Income Before Tax$16.68B$3.95B$4.60B$5.41B$4.15B$5.58B$6.06B$6.49B$7.04B$7.92B$3.49B$8.74B
    Income Tax Expense$4.47B$1.65B$1.75B$1.80B$1.63B$2.07B$2.80B$1.99B$2.59B$2.37B$1.25B$2.18B
    Net Income$12.21B$2.29B$2.85B$3.61B$2.52B$3.51B$3.26B$4.50B$4.44B$5.55B$2.24B$6.55B
    EBITDA$23.12B$10.10B$10.84B$11.56B$8.77B$9.92B$11.23B$10.87B$11.15B$12.13B$9.86B$12.88B
    EBIT$17.04B$4.29B$4.96B$5.78B$4.42B$5.79B$6.26B$6.65B$7.15B$8.04B$3.61B$8.85B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    I Ranked SCHD's 98 Holdings for Dividend Growth and Total Return. The Biggest Ones Didn't Come Out on Top.

    SCHD's five largest - TXN, QCOM, PG, CVX, KO - are 21.7% of the fund; DGTR ranks them 43, 40, 53, 18, 52, so largest weights are not DGTR's top picks Only 23.5% of SCHD sits in DGTR's top 20 names, while 30.2% sits in DGTR's 16 lowest-ranked scored stocks...

    Glenn Ford
    •
    10/10/26
    •
    352
    Dividend Investing, Dividend Growth, Income Investing, ETFs
    Also mentions:
    TXNQCOMPGCVXKO

    How a US Diesel Export Ban Could Impact Global Fuel Markets

    Administration considering diesel export ban after Trump cited $6.53/gal retail diesel, Treasury says full or partial restriction being studied with midterms six weeks away Logistics constraint - pipeline northbound at capacity, Jones Act tanker fleet limited...

    Tony Nash
    •
    10/5/26
    •
    170
    Energy Sector
    Also mentions:
    XOMVLOMPCPSX

    My Biggest MLP Ranking Ever - With A Surprising Result

    European investors pay to avoid Schedule K-1 - Plains GP trades 8.6% above Plains MLP, implying roughly 55 basis points per year in yield forgone for K-1 avoidance. TOLL+M ranking yields - Enterprise Products 5.7%, Energy Transfer 6.5%, MPLX 7.3%, Western Midstream 7.7%...

    Leo Nelissen
    •
    8/24/26
    •
    338
    Midstream MLPs, Dividend Investing
    Also mentions:
    PAAPAGPEPDETMPLX

    The Next Energy Boom Won't Look Like The Last One

    Market regime shift from 2021-22 Net Zero/ESG orthodoxy to explicit "Energy Pragmatism" - traditional energy assets are being structurally revalued and present material mispricing opportunities We are in a "Geopolitical Super-Volatility" era...

    Leo Nelissen
    •
    5/11/26
    •
    267
    Energy Sector
    Also mentions:
    RIVNWMBXLEXOMCVX

    Chevron (CVX): The $300 Billion Cash Surprise Hiding in Plain Sight

    Chevron pumps 3M barrels daily and has 38 consecutive years of dividend increases, yet at $150 the stock trades right at fair value with only 3-5% margin of safety...

    Glenn Ford
    •
    12/28/25
    •
    128
    Energy Sector, Dividend Investing, value investing
    Also mentions:
    XOMSHELOXY

    Government Contracts

    Gov Obligations (TTM)
    $359.96M
    Gov Obligations / Revenue
    0.2%
    Obligations YoY
    69.7%
    Active Awards
    91
    New Awards (TTM)
    91
    Avg Remaining Term
    N/A

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    SPE60226FC70SDepartment of DefenseDefense Logistics Agency$19.90MApr 13, 2026
    SPE60226FC19LDepartment of DefenseDefense Logistics Agency$17.60MNov 25, 2025
    SPE60226FC56MDepartment of DefenseDefense Logistics Agency$13.21MMar 4, 2026
    SPE60226FC33CDepartment of DefenseDefense Logistics Agency$11.69MJan 7, 2026
    SPE60226FC67VDepartment of DefenseDefense Logistics Agency$9.41MMar 31, 2026
    SPE60226FC67TDepartment of DefenseDefense Logistics Agency$8.47MMar 31, 2026
    SPE60226FC67NDepartment of DefenseDefense Logistics Agency$7.57MMar 30, 2026
    SPE60226FC67UDepartment of DefenseDefense Logistics Agency$7.53MMar 31, 2026
    SPE60226FC76QDepartment of DefenseDefense Logistics Agency$7.03MApr 29, 2026
    SPE60226FC73QDepartment of DefenseDefense Logistics Agency$7.02MApr 20, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Equinor ASA Stock (EQNR) Moved Up by 3.92% on Oct 16: Drivers Behind the Movement

    Equinor ASA (EQNR) shares rose 3.92% on October 16, driven by strong cash flow expectations, strategic production priorities...

    TradingKey•10/16/26•Somewhat-Bullish

    Traders Buy Large Volume of Put Options on Borr Drilling (NYSE:BORR)

    Traders purchased a significantly higher volume of put options on Borr Drilling (NYSE:BORR), indicating increased bearish sentiment or hedging activity...

    MarketBeat•10/16/26•Somewhat-Bullish

    Phillips 66 (PSX) Raises Quarterly Dividend by 4.7%, Yielding 1.

    Phillips 66 (PSX) has announced a 4.7% increase in its quarterly dividend to $1.33 per share, resulting in a forward yield of 1.82%. Despite the dividend increase and the stock's recent momentum...

    GuruFocus•10/16/26•Neutral

    CHEVRON CORP (CVX-USD.SW) recent insider transactions

    The article provides a snapshot of CHEVRON CORP (CVX-USD.SW) with its current stock price and highlights the absence of recent insider purchase or sale transactions in the last six months. It also notes no net...

    Yahoo Finance UK•10/16/26•Neutral

    Adams Natural Resources Fund Reports Nine Month Results

    Adams Natural Resources Fund, Inc. (NYSE: PEO) announced its investment returns for the first nine months of 2026, reporting a 34.4% total return on net asset value. This performance was slightly below its benchmark...

    Yahoo Finance Singapore•10/16/26•Somewhat-Bullish

    CVX Valuation and Fair Value

    P/E
    20.2x
    Forward P/E
    15.2x
    EV/EBITDA
    8.3x
    P/FCF
    16.0x
    PEG
    0.9x
    P/B
    2.3x
    See GNG's fair value

    CVX Profitability: Margins, ROIC and FCF

    Gross margin
    45.4%
    Operating margin
    21.9%
    Net margin
    9.8%
    ROIC
    9.7%
    ROE
    12.2%
    FCF margin
    12.5%
    FCF yield
    6.3%

    CVX Competitors

    CompanyTicker
    Exxon Mobil CorpXOM
    Shell PLC ADRSHEL
    TotalEnergies SE ADRTTE
    ConocoPhillipsCOP
    Petroleo Brasileiro Petrobras SA ADRPBR
    Petróleo Brasileiro S.A. - PetrobrasPBR-A
    Marathon Petroleum CorpMPC
    Valero Energy CorporationVLO

    Sector: Energy

    CVX Analyst Ratings

    Consensus
    Buy
    Analysts
    25
    Strong Buy
    6
    Buy
    14
    Hold
    4
    Sell
    1
    Strong Sell
    0

    CVX Bull Case vs Bear Case

    Bull case

    • CVX beat EPS estimates in 87.5% of its last 8 reported quarters.
    • CVX grew quarterly revenue 53.5% year over year.
    • 80.0% of CVX's analyst ratings are Buy or Strong Buy.

    CVX Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    8.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $4.83
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 2 down

    CVX Dividend

    Forward yield
    3.2%
    Payout ratio
    66.2%
    3Y DPS growth
    6.4%
    5Y DPS growth
    5.8%
    Pay months
    Mar, Jun, Sep, Dec
    CVX dividend history

    Frequently Asked Questions About CVX

    What is CVX's current dividend yield?

    Chevron Corp (CVX) has a forward dividend yield of 3.25%.

    Does CVX pay dividends?

    Yes, Chevron Corp pays dividends with a forward dividend yield of 3.25%.

    What is CVX's P/E ratio?

    Chevron Corp has a price-to-earnings (P/E) ratio of 20.24.

    What is CVX's market cap?

    Chevron Corp (CVX) has a market capitalization of $430.22B with a current stock price of $219.40.

    Related stocks

    Sector: Energy

    All stocks starting with C

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In