How high is Chevron stock expected to go? (2024)

How high is Chevron stock expected to go?

Stock Price Forecast

What is the prediction for Chevron stock?

Chevron Corp (NYSE:CVX)

The 24 analysts offering 12-month price forecasts for Chevron Corp have a median target of 180.00, with a high estimate of 194.00 and a low estimate of 148.00. The median estimate represents a +20.76% increase from the last price of 149.06.

How high can Chevron go?

Average Price Target

Based on 17 Wall Street analysts offering 12 month price targets for Chevron in the last 3 months. The average price target is $176.53 with a high forecast of $200.00 and a low forecast of $148.00. The average price target represents a 18.99% change from the last price of $148.36.

Where will Chevron stock be in 5 years?

Chevron stock price stood at $149.14
YearMid-YearTod/End,%
2024$155+11%
2025$172+19%
2026$190+31%
2027$210+45%
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What will Chevron stock price be in 2025?

Long-Term Chevron Stock Price Predictions
YearPredictionChange
2025$ 156.014.60%
2026$ 163.199.42%
2027$ 170.7014.45%
2028$ 178.5619.72%
2 more rows

Is Chevron a good buy now?

For conservative dividend investors who want exposure to the energy sector, Chevron is probably one of the best options around. And with an attractive 4.1% dividend yield today -- noting that the S&P 500 index's yield is a scant 1.4% -- it might be worth a very close look right now.

Is Chevron a safe investment?

Chevron currently has an average brokerage recommendation (ABR) of 1.78, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.78 approximates between Strong Buy and Buy.

Is Chevron a good long term stock?

For conservative dividend investors who want exposure to the energy sector, Chevron is probably one of the best options around. And with an attractive 4.1% dividend yield today -- noting that the S&P 500 index's yield is a scant 1.4% -- it might be worth a very close look right now.

Is Chevron a buy or sell?

When you add it all up, Chevron is more likely to be a buy for most investors looking at the integrated energy space than a sell (and if you own it there's no immediate reason you would want to dump it).

Why is Chevron stock so low?

However, Chevron stock dropped 17% in 2023, and has continued to decline in 2024 as sagging oil and natural gas prices have whittled away at energy company profits and revenue.

What is the 10 year return on Chevron stock?

Price Performance
PeriodPeriod LowPeriod High
2-Year128.07 +16.45% on 01/28/22189.68 -21.37% on 11/14/22
3-Year84.57 +76.35% on 02/01/21189.68 -21.37% on 11/14/22
5-Year51.60 +189.03% on 03/16/20189.68 -21.37% on 11/14/22
10-Year51.60 +189.03% on 03/01/20189.68 -21.37% on 11/01/22
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Who owns the most Chevron stock?

Chevron is not owned by hedge funds. The company's largest shareholder is The Vanguard Group, Inc., with ownership of 8.6%. The second and third largest shareholders are BlackRock, Inc.

What is the highest Chevron stock has ever been?

Chevron - 54 Year Stock Price History | CVX
  • The all-time high Chevron stock closing price was 180.67 on January 26, 2023.
  • The Chevron 52-week high stock price is 178.34, which is 19.6% above the current share price.
  • The Chevron 52-week low stock price is 139.62, which is 6.4% below the current share price.

Should I sell Chevron stock?

Chevron has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.

How many times does Chevron pay dividends?

CVX Dividend History
Ex-DateAmountFrequency
Aug 18, 2022$1.42Quarterly
May 18, 2022$1.42Quarterly
Feb 15, 2022$1.42Quarterly
Nov 17, 2021$1.34Quarterly
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Has Chevron stock ever split?

Chevron stock (symbol: CVX) underwent a total of 4 stock splits. The most recent stock split occured on September 13th, 2004.

Who is Chevron buying?

Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Is Exxonmobil a good stock to buy?

Is XOM a Buy, Sell or Hold? Exxon Mobil has a conensus rating of Moderate Buy which is based on 14 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Exxon Mobil is $127.00. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Chevron investing in clean energy?

Following the trend of ESG and global sustainability

Chevron's broader strategy involves channelling US$10bn into low-carbon ventures over the next eight years. This entails both a decrease in its intrinsic emissions and a boost in clean energy production.

Does Warren Buffett own Chevron stock?

Berkshire Hathaway's Chevron Stake

Warren Buffett's position in Chevron is currently worth $16.4 Billion. That's 4.63% of their equity portfolio (5th largest holding). The investor owns 6.12% of the outstanding Chevron stock. The first Chevron trade was made in Q4 2020.

Why did Buffett buy Chevron?

A final factor that likely attracted Buffett to Chevron is its economic moat. In the petroleum refining industry, for example, Chevron accounts for over 15 percent of total industry revenue. Chevron is also among the top three oil companies by market cap, exceeded only by Exxon and Aramco.

Is Chevron or Exxon a better stock?

Exxon's low price target aligns with current price action, suggesting the floor is in, the consensus adds about 20%, and Chevron's upside potential is better. Its low price target is well above the current action, suggesting this stock is deeply undervalued.

Will Chevron increase its dividend in 2023?

This increase puts Chevron on track to make 2023 the 36th consecutive year with an increase in annual dividend payout per share. The Board also authorized the repurchase of the company's shares of common stock in an aggregate amount of $75 billion.

What are the best oil stocks to buy right now?

12 Best Oil Stocks to Buy for 2024
  • Hess Corp (NYSE:HES)
  • Devon Energy Corp (NYSE:DVN) ...
  • Shell PLC (NYSE:SHEL) ...
  • Marathon Petroleum Corp (NYSE:MPC) ...
  • Valaris Ltd (NYSE:VAL) ...
  • Noble Corporation PLC (NYSE:NE) Number of Hedge Fund Investors: 48. ...
  • Transocean LTD (NYSE:RIG) Number of Hedge Fund Investors: 47. ...
2 days ago

What are the top 10 stocks to buy for long term?

best long term stocks
S.No.NameNP Qtr Rs.Cr.
1.Ksolves India8.84
2.Tips Industries34.65
3.Waaree Renewab.64.46
4.Lloyds Metals331.57
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