CVX— Chevron Corporation
NYSEEnergy · Oil & Gas Integrated
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.
- 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
- 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 ClaudeAI-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
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
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 yrsUninterrupted 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/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
4.05%Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
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
Official EDGAR documents
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
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest05/19/2026 | 06/10/2026 | $1.7800 | 4.05% |
02/17/2026 | 03/11/2026 | $1.7800 | 4.05% |
11/18/2025 | 12/10/2025 | $1.7100 | 3.89% |
08/19/2025 | 09/10/2025 | $1.7100 | 3.89% |
05/19/2025 | 06/10/2025 | $1.7100 | 3.89% |
02/14/2025 | 03/08/2025 | $1.7100 | 3.89% |
11/18/2024 | 12/10/2024 | $1.6300 | 3.70% |
08/19/2024 | 09/10/2024 | $1.6300 | 3.70% |
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
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.