Yahoo · Oct 31, 2026
Big Oil is grappling with how to spend its windfall profits
Awash in cash after their third-highest quarterly earnings on record, the world's largest oil companies are uncharacteristically wary about how to spend it.
NYSE · CVX
Chevron Corporation
Energy · Oil & Gas Integrated
$235.52
Up+$4.06 (+1.75%)
Updated Nov 1, 2026, 12:25 AM
SID Score
8.2/10
Composite research score
Smart Money
61/100
Neutral
- Market cap
- 301.32B
- P/E ratio
- 21.25
- Dividend yield
- 2.90%
- 52-week range
- $154.90 – $236.48
- Volume
- 11.02M
- Avg. volume
- 8.69M
Price performance · CVX
CVX price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
CVX closed at $235.52 after 20 trading sessions, up 14.07% for the selected period.
- Last close
- $235.52
- Period change
- +14.07%
- Period low
- $205.15
- Period high
- $235.52
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $234.01 | $236.48 | $233.2224 | $235.52 | 11.02M |
| Oct 29, 2026 | $232.25 | $232.95 | $229.012 | $231.46 | 5.65M |
| Oct 28, 2026 | $228.88 | $231.56 | $228.34 | $229.20 | 6.35M |
| Oct 27, 2026 | $230.96 | $232.2664 | $227.63 | $228.23 | 6.44M |
| Oct 26, 2026 | $231.70 | $234.08 | $230.5349 | $232.01 | 6.96M |
| Oct 23, 2026 | $228.19 | $233.74 | $227.98 | $233.21 | 8.14M |
| Oct 22, 2026 | $228.8575 | $229.04 | $222.86 | $226.68 | 6.59M |
| Oct 21, 2026 | $225.90 | $228.48 | $224.19 | $226.78 | 8.21M |
| Oct 20, 2026 | $226.48 | $227.28 | $221.56 | $225.71 | 8.02M |
| Oct 19, 2026 | $223.88 | $225.67 | $223.12 | $224.37 | 9.52M |
| Oct 16, 2026 | $221.85 | $225.31 | $220.41 | $224.99 | 8.72M |
| Oct 15, 2026 | $222.82 | $223.4605 | $218.05 | $219.32 | 7.1M |
| Oct 14, 2026 | $218.89 | $222.55 | $218.54 | $222.04 | 9.51M |
| Oct 13, 2026 | $217.00 | $218.79 | $215.95 | $217.73 | 7.44M |
| Oct 12, 2026 | $214.54 | $216.67 | $213.7501 | $215.00 | 8.31M |
| Oct 9, 2026 | $211.05 | $213.72 | $210.71 | $211.98 | 6.3M |
| Oct 8, 2026 | $209.32 | $212.355 | $208.96 | $211.55 | 7.63M |
| Oct 7, 2026 | $208.44 | $210.14 | $204.86 | $205.15 | 5.74M |
| Oct 6, 2026 | $205.565 | $208.69 | $204.8942 | $207.58 | 5.47M |
| Oct 5, 2026 | $206.83 | $207.26 | $201.96 | $206.47 | 6.45M |
Latest CVX news
The latest Smart Investors Daily articles mentioning CVX.
Stock researchCompany · Overview
Company
Market Activity
Research & News
CVX research
Overview
Company profile and research snapshot.
Company profile
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2024 stood at 9.8 billion barrels of oil equivalent, including 5.1 billion barrels of liquids and 28.4 trillion cubic feet of natural gas.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $172.43
- Implied upside
- —
- Analysts
- 19
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 15, 2026 | Morgan Stanley | Overweight | — |
| Oct 12, 2026 | TD Cowen | Hold | — |
| Oct 8, 2026 | UBS | Buy | — |
| Sep 28, 2026 | TD Cowen | Hold | — |
| Sep 25, 2026 | HSBC | Buy | — |
News briefing
Generated Oct 31, 2026, 9:17 PM
Why Is CVX Up Today?
Chevron shares gained 1.75% today following a blowout Q3 2026 earnings report that saw profits nearly triple year-over-year and revenue jump 36% to $67.8 billion. The strong earnings beat, combined with analyst price target increases and robust free cash flow generation, are driving investor optimism despite a broader technology sell-off pressuring the overall market.
Bottom line: Chevron's strong Q3 results and analyst optimism are driving today's gains, but investors should recognize that the stock is currently benefiting from elevated commodity prices and refining margins that may not persist. The company's attractive capital return program and growth initiatives in the Gulf of Mexico offer positive catalysts, but cyclical energy sector dynamics mean maintaining a disciplined entry strategy based on valuation fundamentals remains prudent.
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Yahoo · Oct 31, 2026
Does Chevron (CVX) Lease Swap Change Its Gulf Of Mexico Growth Case?
Chevron (NYSE:CVX) and TotalEnergies have agreed a lease swap in the US Gulf of Mexico that reshapes their offshore access. The transaction gives each partner new exploration blocks in high-potential deepwater areas, expanding their shared acreage position. The revised lease portfolio increases operational overlap between the two groups in the Gulf, which may support coordinated project planning. This Gulf of Mexico lease swap between Chevron and TotalEnergies only captures one part of what...
Yahoo · Oct 30, 2026
Chevron (CVX) Q3 2026 Earnings Call Transcript
Record refining margins and AI value capture drive $10.4 billion adjusted earnings.
AI research layers
Interpretive context generated from the platform’s current data sources.
Chevron Corporation Stock Performance
Chevron Corporation shares have demonstrated strong upward momentum across multiple timeframes, with the stock trading at $235.52 per SID market data. CVX has gained 13.72 points over the past month and 21.92 points over the trailing three months, reflecting sustained buying pressure in the energy sector. Over the past twelve months, the stock has appreciated by $50.45, underscoring a robust longer-term trend. Technically, CVX trades well above both its 50-day moving average of $213.15 and its 200-day moving average of $194.68, per Massive/Polygon data, confirming a bullish positioning above key support levels. However, the 14-day relative strength index stands at 77.5, placing the stock in overbought territory and suggesting potential near-term consolidation. Chevron's beta of 0.673 indicates lower volatility relative to the broader market, while average daily volume registers at approximately 8.69 million shares.
Chevron Corporation Valuation Analysis
Chevron Corporation currently carries a market capitalization of approximately $301.3 billion, per SID market data, making it one of the largest integrated energy companies globally. The stock trades at a price-to-earnings ratio of 21.25, according to SEC filings, which sits above historical norms for the energy sector and suggests the market is pricing in future growth or asset value beyond current earnings. The price-to-book ratio stands at 1.43, indicating that shares trade at a modest premium to net asset value. Chevron's PEG ratio registers at negative 2.50, reflecting declining forward earnings expectations that complicate traditional growth-adjusted valuation assessments. The company maintains a dividend yield of approximately 4.54%, positioning it as a significant income-generating holding within the energy space. This yield remains competitive among integrated oil majors and reflects Chevron's long-standing commitment to shareholder capital returns through consistent dividend distributions.
Smart Money Activity for CVX
Chevron Corporation's composite smart money score stands at 61 out of 100, registering a neutral signal per SID market data. Institutional positioning represents the strongest component at a perfect 25 out of 25, indicating that large asset managers maintain maximum conviction in their CVX allocations according to 13F institutional filings. Congressional trading activity also scores notably high at 19.0 out of 25, suggesting elevated interest from lawmakers with portfolio exposure to the energy sector. In contrast, insider activity scores a modest 8.5 out of 25, with SEC Form 4 filings revealing 20 insider transactions over the past 90 days, comprising 7 purchases and 13 sales. This nearly two-to-one sell-to-buy ratio indicates corporate insiders have been net sellers during the stock's recent advance. Dark pool activity scores 8.9 out of 25, reflecting relatively subdued institutional block trading through alternative venues. The divergence between strong institutional ownership and elevated insider selling creates a mixed signal for directional conviction among sophisticated market participants.
Chevron Corporation Earnings Outlook
Chevron Corporation has delivered positive earnings surprises in each of its last four reported quarters, according to company earnings reports. The most recent quarter showed earnings per share of $5.28 against analyst estimates of $4.82, representing a $0.46 beat. The strongest outperformance occurred in the prior quarter, where actual EPS of $6.06 exceeded the consensus estimate of $5.27 by $0.79, marking the largest surprise in the trailing four-period window. Earlier quarters also posted positive surprises, with EPS of $1.41 versus estimates of $0.96 and $1.52 versus estimates of $1.44, per analyst estimates. The sequential earnings trajectory reveals notable variability, with EPS ranging from $1.41 to $6.06 across the four periods, reflecting the cyclical nature of energy sector profitability tied to commodity price fluctuations. Chevron's consistent ability to exceed consensus expectations demonstrates operational execution and potentially conservative guidance from management.
Wall Street Analyst Ratings for CVX
Wall Street analyst sentiment on Chevron Corporation leans constructively positive based on recent coverage updates, per SID consensus data. Morgan Stanley reiterated its Overweight rating on October 15, 2026, maintaining a bullish stance on the integrated oil major. UBS similarly reaffirmed its Buy rating on October 8, 2026, while HSBC upheld its Buy recommendation on September 25, 2026, according to Wall Street analyst reports. TD Cowen has issued two separate reiterations of its Hold rating, on October 12 and September 28, representing the most cautious view among recent coverage updates. Notably, none of the five most recent analyst actions involved a rating change, with all firms maintaining their prior assessments, suggesting a period of consensus stability. The overall distribution skews favorably, with three of five covering firms holding bullish-equivalent ratings compared to two neutral Hold positions. No sell-side analysts among the recent coverage have issued negative ratings, reflecting broad confidence in Chevron's fundamental positioning within the energy sector.
