Chevron Corporation's stock has dropped from $168 to around $135, reflecting a forward P/E of 13.6x and forward EV-to-EBITDA, but faces structural risks. Chevron's dependence on oil prices and macroeconomic volatility pose significant risks, including potential tariffs, economic slowdowns, and uncertain demand and supply dynamics. Despite risks, Chevron expects $10 billion additional free cash flow by 2026 through new fields and efficiency improvements, ensuring strong shareholder returns.
Bank of America, Chevron, Stryker, Value Line and Sypris are included in this Analyst Blog.
Chevron Corporation maintains stability amid market volatility through strategic inventory management, strong balance sheet, and high cash inflows, justifying a bullish outlook. Despite oil price volatility and geopolitical tensions, Chevron's Q4 2024 performance remained resilient, with stable natural gas prices and efficiency boosting profitability. Chevron's rebounding cash, low debt levels, and new efficient production techniques, particularly in the Permian Basin, position it well for future growth and expansion.
Warren Buffett is famous because of the long-term success he has achieved running Berkshire Hathaway. But there are two interesting things about this company.
Chevron is undervalued with a favorable P/E ratio of 13x and strong shareholder returns through dividends and buybacks. Despite recent declines, Chevron's long-term support and potential for significant EPS growth make it a buy. Key risks include rising costs, geopolitical issues, and potential global recession impacts on oil prices.
CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil.
The stock market has sold off hard this year. The Nasdaq Composite recently entered bear market territory, tumbling more than 20% from its peak late last year, while the S&P 500 was heading in that direction.
Chevron (CVX) closed at $135.63 in the latest trading session, marking a +0.48% move from the prior day.
Chevron (CVX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Chevron (CVX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Oil price plunges below $60, dragging oil majors like XOM, CVX, and SHEL lower. Trade war tariffs and OPEC+ supply surge shake up global energy markets.
The Nasdaq Composite (^IXIC 2.81%) plunged 10.4% in the first quarter of 2025. Oil stock Chevron (CVX 1.03%), however, bucked the broader market trend and surged 15.5% instead in Q1, according to data provided by S&P Global Market Intelligence.