CVX

Why Are People Talking About Investing in Chevron (CVX)?

Large-cap energy company Chevron has moved -0.2% this overnight, reaching $142.53 per share. In contrast, the average analyst target price for the stock is $180.83.

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company is based in the United States. Chevron currently returns an annual dividend yield of 4.2%.

Make Sure to Consider the Following Before Buying Chevron:

  • Chevron has moved -17.0% over the last year.

  • CVX has a forward P/E ratio of 9.8 based on its EPS guidance of 14.61.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 9.7%.

  • The company has a price to earnings growth (PEG) ratio of -1.38.

  • Its Price to Book (P/B) ratio is 1.63

Chevron Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 35,673,000 15,303,000 20,370,000 -45.86
2022 49,602,000 11,974,000 37,628,000 78.07
2021 29,187,000 8,056,000 21,131,000 1176.8
2020 10,577,000 8,922,000 1,655,000 -87.46
2019 27,314,000 14,116,000 13,198,000 -21.56
2018 30,618,000 13,792,000 16,826,000

Chevron's free cash flows have a decent average of $18.47 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 293.6%. The compounded average growth rate over this period is 3.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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