CVX Chevron Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 12-month channel rising
Closed above resistance (US$226.99). The fitted trend may no longer apply.
- 18-month channel
- US$215.03 – US$227.23 · rising, +38% a year
- 12-month channel read from
- US$214.61 – US$226.99 · rising, +46% a year
- Price in channel
- 170% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$214.61
- Published levels
- Buy and target are not from this channel — see below.
Price history, with the path projected 3 months forward
Updated 10:38 AM ET (13 min ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 3.8% clear above the channel, so the fitted lines no longer describe where it is Levels below are for reference only.
Buy at or below
US$215.09
level as at 1 Nov 2026
Our target
US$236.63
by 30 Jan 2027
Projected move
10.0%
gross, before costs
Price is between our buy and target.
5 settled calls · 2 reached target (40%) · average best move 8.2%. See the full record.
- Upper line touches
- 6
- Lower line touches
- 2
- Fit confidence
- 38%
- Fitted
- 1 Nov 2026
Company information
About Chevron Corporation
Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation. This also encompasses the processing, liquefaction, transit, and regasification of liquefied natural gas (LNG), as well as pipeline transport of crude oil and the movement, storage, and sale of natural gas. Additionally, this segment manages a facility dedicated to converting natural gas into liquid fuels. In contrast, the Downstream segment is tasked with refining crude oil into a variety of petroleum products. Its activities include the merchandising of crude oil, refined goods, and lubricants, in addition to the creation and distribution of renewable fuels. This division is also responsible for moving crude oil and refined products using a range of methods, including pipelines, ships, motor vehicles, and rail cars. Furthermore, it produces and markets bulk petrochemicals, industrial-grade plastics, and additives for both fuels and lubricants. Beyond these core ventures, Chevron is also involved in financial management, debt financing, insurance underwriting, real estate development, and various technology-driven enterprises. Founded in 1879, the company operated as ChevronTexaco Corporation until it officially became Chevron Corporation in 2005. Its corporate headquarters are situated in San Ramon, California.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Michael K. Wirth
- Employees
- 43,039
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 83/100
- Profitability
- 41/100
- Financial health
- 73/100
- Cash generation
- 64/100
Key statistics
- Market cap
- US$407.16B
- Enterprise value
- US$435.71B
- Beta
- 0.49
- Avg volume
- 9.03M
- Revenue per share
- 105.95
- Dividend yield
- 3.45%
- 52-week range
- 146.49-217.78
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 19.53
- PEG
- 0.57
- Price / sales
- 1.95
- Price / book
- 2.12
- EV / EBITDA
- 7.81
- Gross margin
- 31.00%
- Operating margin
- 15.83%
- Net margin
- 9.87%
- Current ratio
- 1.36
- Quick ratio
- 1.07
- Debt / equity
- 0.20
- Interest cover
- 23.13
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$184.43B | US$56.09B | US$16.67B | US$12.30B | US$6.63 |
| 2024 | US$193.41B | US$56.93B | US$29.10B | US$17.66B | US$9.72 |
| 2023 | US$196.91B | US$60.39B | US$33.79B | US$21.37B | US$11.36 |
| 2022 | US$235.72B | US$65.59B | US$39.95B | US$35.47B | US$18.28 |
| 2021 | US$155.61B | US$45.43B | US$16.10B | US$15.63B | US$8.14 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$324.01B | US$131.84B | US$186.45B |
| 2024 | US$256.94B | US$103.78B | US$152.32B |
| 2023 | US$261.63B | US$99.70B | US$160.96B |
| 2022 | US$257.71B | US$97.47B | US$159.28B |
| 2021 | US$239.53B | US$99.59B | US$139.07B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$33.94B | US$16.59B | US$12.48B |
| 2024 | US$31.49B | US$15.04B | US$17.75B |
| 2023 | US$35.61B | US$19.78B | US$21.41B |
| 2022 | US$49.60B | US$37.63B | US$35.61B |
| 2021 | US$29.19B | US$21.09B | US$15.69B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$7.14 | US$186.93B | 15 |
| 2026 | US$16.35 | US$237.66B | 14 |
| 2027 | US$13.76 | US$218.76B | 15 |
| 2028 | US$12.62 | US$216.43B | 8 |
| 2029 | US$12.97 | US$234.30B | 5 |
| 2030 | US$13.92 | US$234.97B | 5 |
Analyst view
- Target (mean)
- US$209.46
- Target (high)
- US$250.00
- Target (low)
- US$90.00
- Strong buy
- 0
- Buy
- 34
- Hold
- 15
- Sell
- 4
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.