Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment engages in the exploration, development, production, and transportation of crude oil and natural gas; liquefaction, transportation, and regasification of liquefied natural gas; transporting crude oil through pipelines; processing, transporting, storage, and marketing of natural gas; and carbon capture and storage, as well as 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 fuels; transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.
Analyst Perspectives | Discover varied analyst targets, with price ranges from $167 to $174, reflecting mixed views on Chevron's future performance and strategic direction |
Market Dynamics | Delve into Chevron's position amidst oil price volatility and environmental regulations, showcasing its adaptability in a competitive landscape |
Strategic Shifts | Explore Chevron's focus on maximizing free cash flow and renewable energy initiatives, balancing traditional operations with future-oriented investments |
Energy Giant's Outlook | Chevron navigates earnings challenges while maintaining strong fundamentals, with analysts projecting a potential free cash flow inflection in 2025 |
Metrics to compare | CVX | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCVXPeersSector | |
---|---|---|---|---|
P/E Ratio | 13.7x | 8.3x | 4.8x | |
PEG Ratio | −0.95 | −0.17 | 0.00 | |
Price / Book | 1.6x | 0.9x | 1.1x | |
Price / LTM Sales | 1.2x | 1.0x | 1.0x | |
Upside (Analyst Target) | 25.5% | 40.5% | 45.7% | |
Fair Value Upside | Unlock | 25.0% | 12.5% | Unlock |