Key facts, as of
As of October 9, 2026, Chevron Corporation (CVX) trades at $211.55, up 37.6% over the past year. Its 52-week range runs from $146.49 to $217.78; the price is 2.9% below that high. It is 2.9% below its all-time high of $217.78, reached in September 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +202.5%, against +312.9% for the S&P 500 (SPY). It sits 12.6% above its 200-day average of $187.83, the usual sign of a long-term uptrend. Its 30-day volatility is 23.3% annualized, which we rate medium risk. It has a trailing P/E of 20.4 and a dividend yield of 3.37%.
Cite: Portfolio Terminal, "Chevron Corporation (CVX) stock analysis", 2026-10-09. https://portfolio-terminal.com/analyse/cvx
Where it trades today
trading 91% of the way up its 52-week range
How the price has moved
How far it is from its record
Chevron Corporation (CVX) is 2.9% below its all-time high of $217.78, reached in September 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +202.5%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Capital discipline and commodity sensitivity matter more than top-line momentum because cash flow can swing quickly with the cycle.
- CVX trades at 20.4x earnings, well above the energy average of 10.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 23.3%, below the sector norm of 32.0%, which supports a steadier role inside a diversified portfolio.
- Relative performance versus XOM, COP, SLB matters here because leadership inside energy rarely stays static for long.
Portfolio Use Case
- CVX is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in CVX.
- The view would need revisiting if peers such as XOM, COP, SLB start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for CVX come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Energy so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as XOM, COP, SLB.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for CVX. Last refresh: Oct 9, 2026, 10:28 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as XOM, COP, SLB.
What Chevron Corporation does
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations. It operates through Upstream and Downstream segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable…
What analysts expect
CVX carries a buy consensus from 24 analysts, with an average price target of $225.25 versus $211.55 today (+6.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
CVX generated $209.38B in trailing revenue (53.5% year over year), with a 9.8% net margin, and $21.93B of free cash flow, against $28.55B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $184.43B | $56.09B | $16.67B | $12.30B | $6.65 | $16.59B |
| 2024 | $193.41B | $56.93B | $18.92B | $17.66B | $9.76 | $15.04B |
| 2023 | $196.91B | $60.39B | $26.23B | $21.37B | $11.41 | $19.78B |
| 2022 | $235.72B | $73.98B | $39.95B | $35.47B | $18.36 | $37.63B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
CVX is in 9 of the 30 ETFs we track. It weighs most in XLE: 17.9% of the fund, holding #2 of 21.
Famous investors who hold it
CVX is in the latest 13F of 3 of the 15 famous investors we follow. Warren Buffett (Berkshire Hathaway) holds the most of it: 4.67% of the portfolio, position #6 of 26, as of Q2 2026.
How it sits in energy
Volatile sector tied to oil and gas prices, includes exploration, production, and refining.
The companies it competes with
CVX beside the energy names it is usually measured against.
What the chart is saying
In an uptrend, pressing toward $216.25 resistance.
uptrend- Price is 3.8% above its 50-day average and 12.6% above its 200-day.
- RSI at 59 is neither stretched nor washed out.
- The nearest ceiling is $216.25 (+2.2%), the nearest floor $198.54 (-6.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is CVX a good investment in 2026?
Chevron Corporation trades at a P/E ratio of 20.4, with medium volatility (23.3% annualized). The stock is in a consolidation phase.
What is the risk level of CVX?
Based on 30-day volatility of 23.3%, CVX has MEDIUM risk. Beta of 0.52 indicates lower sensitivity to market movements than average.
Does CVX pay dividends?
Yes, Chevron Corporation has a dividend yield of 3.37%.
How far is CVX from its all-time high?
Chevron Corporation is 2.9% below its all-time high of $217.78, reached in September 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +202.5%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold CVX?
9 of the 30 popular ETFs we track hold Chevron Corporation. The largest weights: XLE (17.9%), SCHD (4.04%), DIA (2.38%), VYM (1.54%) and VTV (1.42%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is CVX?
0.58%, as of August 31, 2026: CVX is holding #26 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $5.83 in Chevron Corporation.
Which famous investors own CVX?
Warren Buffett (4.67% of Berkshire Hathaway's 13F), Renaissance Technologies (0.66% of Founded by Jim Simons's 13F) and Ray Dalio (0.11% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
Does Warren Buffett own CVX?
Yes. Berkshire Hathaway's 13F for Q2 2026, filed August 14, 2026, lists Chevron Corporation at 4.67% of the reported portfolio, position #6 of 26.
What is the analyst price target for CVX?
The average analyst price target for Chevron Corporation (CVX) is $225.25 based on 24 analyst estimates, about 6.5% above the current price of $211.55. The published range runs from $175.00 to $250.00.
How much revenue does CVX generate?
Chevron Corporation reported $209.38B in trailing twelve-month revenue. Revenue growth is running at 53.5% year over year. Net margin sits at 9.8%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare CVX with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.