Chevron Corporation (CVX) Stock

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.

Chevron Corporation is led by CEO Michael K. Wirth, employs 45,298 people, headquartered in Houston, US, publicly traded since 1921.

Chevron Corporation (CVX) stock trades at $186.57 with a market capitalization of $371.56B. The stock is valued at a price-to-earnings (P/E) ratio of 30.04, price-to-book of 1.87, price-to-sales of 1.86. Over the past 52 weeks the stock has ranged between $146.49 and $214.71, and currently trades 13.1% below its 52-week high. It pays a dividend yielding 4.09%.

On profitability, Chevron Corporation generates a return on equity (ROE) of 6.23%, return on capital employed of 5.43%, an operating margin of 8.40%, a net profit margin of 5.92%.

In its most recent fiscal year, Chevron Corporation reported annual revenue of $184.4B, net profit of $12.3B, revenue has compounded at 14.3% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.25 — a conservative balance sheet with little leverage risk, a current ratio of 1.09, total assets of $324.0B, $6.5B in cash and equivalents.

CVX has an average daily trading volume of 9,280,000 shares, a beta of 0.49 (less volatile than the overall market).

Official website: www.chevron.com