Chevron Corp Stock Filter Stocks by Fundamentals
| CVX Stock | USD 157.57 1.17 0.75% |
Chevron Corp fundamentals help investors to digest information that contributes to Chevron Corp's financial success or failures. It also enables traders to predict the movement of Chevron Stock. The fundamental analysis module provides a way to measure Chevron Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chevron Corp stock.
Chevron | Shares Owned by Institutions |
Chevron Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Chevron Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chevron Corp's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Chevron Corp Institutional Holders
Institutional Holdings refers to the ownership stake in Chevron Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chevron Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Chevron Corp's value.| Shares | Wells Fargo & Co | 2023-12-31 | 18.2 M | Ameriprise Financial Inc | 2023-12-31 | 16.1 M | Franklin Resources Inc | 2023-12-31 | 15.6 M | Capital World Investors | 2023-12-31 | 15.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 15.4 M | Amvescap Plc. | 2023-12-31 | 15.3 M | Goldman Sachs Group Inc | 2023-12-31 | 14.6 M | Legal & General Group Plc | 2023-12-31 | 13.8 M | State Farm Mutual Automobile Ins Co | 2023-12-31 | 13.3 M | Vanguard Group Inc | 2023-12-31 | 161.5 M | Blackrock Inc | 2023-12-31 | 129.7 M |
Chevron Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0649 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 311.51 B | ||||
| Shares Outstanding | 1.85 B | ||||
| Shares Owned By Insiders | 6.80 % | ||||
| Shares Owned By Institutions | 66.88 % | ||||
| Number Of Shares Shorted | 49.67 M | ||||
| Price To Earning | 10.45 X | ||||
| Price To Book | 1.82 X | ||||
| Price To Sales | 1.51 X | ||||
| Revenue | 200.95 B | ||||
| Gross Profit | 98.89 B | ||||
| EBITDA | 47.38 B | ||||
| Net Income | 21.41 B | ||||
| Cash And Equivalents | 17.68 B | ||||
| Cash Per Share | 7.98 X | ||||
| Total Debt | 26.07 B | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 86.27 X | ||||
| Cash Flow From Operations | 35.61 B | ||||
| Short Ratio | 5.71 X | ||||
| Earnings Per Share | 11.36 X | ||||
| Price To Earnings To Growth | 4.51 X | ||||
| Target Price | 180.11 | ||||
| Number Of Employees | 45.6 K | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 291.12 B | ||||
| Total Asset | 261.63 B | ||||
| Retained Earnings | 200.03 B | ||||
| Working Capital | 8.87 B | ||||
| Current Asset | 34.43 B | ||||
| Current Liabilities | 25.47 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.42 % | ||||
| Net Asset | 261.63 B | ||||
| Last Dividend Paid | 6.04 |
About Chevron Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chevron Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chevron Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chevron Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Chevron Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chevron Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chevron Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Chevron Stock
| 0.88 | BP | BP PLC ADR Financial Report 7th of May 2024 | PairCorr |
| 0.85 | SU | Suncor Energy Financial Report 13th of May 2024 | PairCorr |
Moving against Chevron Stock
| 0.71 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Chevron Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chevron Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chevron Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chevron Corp to buy it.
The correlation of Chevron Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chevron Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Chevron Corp Piotroski F Score and Chevron Corp Altman Z Score analysis. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Chevron Stock analysis
When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Dividend Share 6.04 | Earnings Share 11.36 | Revenue Per Share 104.004 | Quarterly Revenue Growth (0.15) |
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.