Chevron Corp. (CVX)
Energy · NYSE · US
Price as at 3 Sept 2026, 14:34 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Chevron Corp. trades at $212.70, which is 20% above the $170.00 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 64 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 30.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
CVX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.78 | 1 |
| 2011 | $1.50 | 2 |
| 2010 | $2.84 | 4 |
| 2009 | $2.66 | 4 |
| 2008 | $2.53 | 4 |
| 2007 | $2.26 | 4 |
| 2006 | $2.01 | 4 |
| 2005 | $1.75 | 4 |
| 2004 | $1.53 | 4 |
| 2003 | $1.43 | 4 |
| 2002 | $1.40 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
CVX earnings and analyst estimates
Recommendation mix, 24 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Chevron Corp.
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 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 operates in North America, South America, Europe, Africa, Asia, and Australia. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
CVX passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
33 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Warren Buffett, BERKSHIRE HATHAWAY INC$13.99B · 4.7% of book
- Ken Fisher, Fisher Asset Management, LLC$2.76B · 0.8% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$912.07M · 0.3% of book
- Ken Griffin, CITADEL ADVISORS LLC$579.52M · 0.1% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$506.63M · 0.2% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Chevron Corp. (CVX) undervalued?
Against our fair value estimate of $170.00, CVX at $212.70 is 20% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own CVX?
33 of the institutions we track reported a position in CVX in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is CVX's P/E ratio?
CVX trades at 30.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Chevron Corp. (CVX) pay a dividend?
Yes. Chevron Corp. yields 4.04% at the current share price. It has paid $1.78 per share over the trailing twelve months. It has paid a dividend in each of the last 28 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its CVX data?
Fundamentals for CVX come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 3 Sept 2026, 14:34 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for CVX, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.