Chevron (NYSE:CVX) Stock Price Up 1.8% – What’s Next?

Chevron Corporation (NYSE:CVX)’s share price was up 1.8% during mid-day trading on Wednesday . The company traded as high as $149.87 and last traded at $149.4550. Approximately 8,305,196 shares traded hands during trading, a decline of 6% from the average daily volume of 8,835,663 shares. The stock had previously closed at $146.75.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron sealed a five‑year LNG supply deal to deliver 2 billion cubic meters to Hungary, adding near‑term contracted export volumes and European revenue diversification away from Russian gas. This supports steady cash flow and strengthens Chevron’s European foothold. Chevron to Export 2 Billion Cubic Meters of LNG to Hungary
• Positive Sentiment: Analysts and retail outlets argue Chevron can generate strong free cash flow if energy prices remain elevated through 2030, supporting capital spending, dividends and buybacks even in moderately lower-price scenarios — a bullish operating-profile narrative for long-term income investors. Why Chevron Could Thrive If Energy Prices Stay Elevated Through 2030
• Positive Sentiment: Television commentator Jim Cramer publicly recommended sticking with Chevron and expressed confidence in CEO Mike Wirth’s ability to deliver results — a high‑profile endorsement that can buoy retail sentiment. Jim Cramer on Chevron: “I Would Stick With It”
• Positive Sentiment: Coverage highlighting Chevron as one of Berkshire Hathaway’s “dividend aristocrats” underscores its track record of shareholder returns and may attract income‑focused or dividend‑growth investors. Inside Berkshire’s Dividend Aristocrats: Bank of America, Chevron, and Coca‑Cola
• Positive Sentiment: Benzinga reports Chevron is named among participants in a high‑stakes nuclear/fusion play alongside big tech and finance firms — signalling investments in low‑carbon technologies and potential long‑term strategic optionality. Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy Play
• Neutral Sentiment: Forbes examines whether Chevron’s attractive cash‑return profile is being masked by its Venezuela exposure — a balanced read that highlights strong returns but flags political and sanction risks investors should price in. Is Venezuela Risk Masking Chevron’s Strong Cash‑Return Profile?
• Negative Sentiment: Reporting shows Chevron continues operations in Venezuela despite rising U.S.–Venezuela tensions, which raises sanction, legal and operational risks that could disrupt production or exports. That geopolitical exposure is a potential downside catalyst. Chevron keeps working in Venezuela amid tensions with U.S.
• Negative Sentiment: Some sanctioned oil vessels are diverting from Venezuela after threats of a blockade, indicating potential logistical and export disruptions tied to the geopolitical situation that could indirectly affect Chevron’s Venezuela operations. Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. HSBC set a $169.00 price objective on Chevron and gave the company a “buy” rating in a report on Monday, December 1st. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Piper Sandler dropped their price objective on Chevron from $171.00 to $169.00 and set an “overweight” rating on the stock in a report on Monday, November 10th. Bank of America reduced their target price on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Finally, Barclays decreased their target price on shares of Chevron from $160.00 to $158.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $166.00.

Chevron Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The stock has a market capitalization of $297.47 billion, a PE ratio of 20.78, a P/E/G ratio of 8.77 and a beta of 0.68. The company’s fifty day simple moving average is $152.31 and its two-hundred day simple moving average is $152.37.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The company had revenue of $48.17 billion for the quarter, compared to the consensus estimate of $46.99 billion. During the same quarter in the prior year, the firm earned $2.48 earnings per share. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. As a group, sell-side analysts predict that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were given a dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.6%. Chevron’s dividend payout ratio (DPR) is presently 96.20%.

Insider Buying and Selling at Chevron

In other news, Director John B. Hess sold 275,000 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the sale, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Solitude Financial Services raised its position in Chevron by 8.2% in the second quarter. Solitude Financial Services now owns 25,325 shares of the oil and gas company’s stock valued at $3,626,000 after purchasing an additional 1,913 shares during the last quarter. Shell Asset Management Co. increased its stake in shares of Chevron by 21.4% in the second quarter. Shell Asset Management Co. now owns 51,115 shares of the oil and gas company’s stock valued at $7,319,000 after buying an additional 9,002 shares during the period. Mutual Advisors LLC raised its holdings in Chevron by 7.3% in the 2nd quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock valued at $13,743,000 after buying an additional 6,058 shares during the last quarter. Costello Asset Management INC raised its holdings in Chevron by 26.9% in the 2nd quarter. Costello Asset Management INC now owns 16,694 shares of the oil and gas company’s stock valued at $2,390,000 after buying an additional 3,541 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Chevron by 25.7% during the 1st quarter. Jones Financial Companies Lllp now owns 697,011 shares of the oil and gas company’s stock worth $115,887,000 after buying an additional 142,662 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

About Chevron

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.