Chevron (NYSE:CVX) Hits New 1-Year High – Here’s Why

Chevron Corporation (NYSE:CVX) shares reached a new 52-week high on Thursday . The company traded as high as $187.90 and last traded at $186.6450, with a volume of 2345544 shares changing hands. The stock had previously closed at $183.87.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron‑led consortium won multiple offshore Greek exploration blocks (Chevron is operator, ~70% interest), expanding its Mediterranean footprint and adding long‑term upstream optionality that supports future reserves and production upside. Chevron-led consortium signs gas exploration deal in Greece
• Positive Sentiment: Melius Research upgraded CVX to a “buy” and raised its price target (to $205), a vote of confidence from an analyst that can support demand from income/value investors. Chevron (NYSE:CVX) Stock Rating Upgraded by Melius Research
• Positive Sentiment: Sector strength: energy stocks are outperforming the broader market in 2026, and several write‑ups argue Chevron remains attractively valued after recent multi‑year share gains — reinforcing investor rotation into cash‑generating oil majors. Why energy stocks are crushing the S&P 500 in 2026
• Neutral Sentiment: Analyst and media coverage is elevated (Zacks, 247WallSt, The Motley Fool pieces comparing Chevron to peers), which can boost trading volume and volatility even if it doesn’t change fundamentals. Zacks: CVX trending stock
• Neutral Sentiment: Coverage highlighting Chevron as one of the top Dow performers YTD and comparisons to Exxon help frame investor allocation decisions between integrated oil majors. Caterpillar, Honeywell, and Chevron lead the Dow Jones in 2026
• Negative Sentiment: Geopolitical/legal risk: Turkey publicly opposed the Greece‑Chevron activities off Crete, calling them unlawful — a headline that could create short‑term political/regulatory uncertainty around the Greek projects. Turkey says Greece-Chevron activity off Crete unlawful
• Negative Sentiment: Insider selling: multiple filings show recent sales by executives (including a large sale by the CTO) and disclosures have coincided with short‑term selling pressure and headlines about insider exits. That can weigh on sentiment even if sales are for diversification or tax reasons. Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Piper Sandler cut their target price on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Wells Fargo & Company raised their price objective on Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. UBS Group reaffirmed a “buy” rating and issued a $212.00 target price on shares of Chevron in a report on Monday, February 2nd. Melius Research upgraded Chevron from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a research report on Tuesday. Finally, Jefferies Financial Group boosted their price target on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $176.36.

Chevron Trading Up 1.6%

The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The company has a market cap of $376.11 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 11.95 and a beta of 0.70. The firm has a 50 day moving average price of $164.50 and a two-hundred day moving average price of $158.06.

Chevron (NYSE:CVX) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm’s revenue was down 10.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.06 earnings per share. As a group, equities analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio is currently 106.91%.

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at approximately $2,355,205.50. This trade represents a 95.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Andrew Benjamin Walz sold 22,200 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $176.53, for a total value of $3,918,966.00. Following the completion of the transaction, the insider directly owned 666 shares in the company, valued at $117,568.98. This represents a 97.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 531,027 shares of company stock valued at $88,833,430 over the last three months. 0.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Chevron

Institutional investors have recently added to or reduced their stakes in the business. Castellan Group raised its position in shares of Chevron by 10.7% during the second quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock worth $2,922,000 after purchasing an additional 1,965 shares during the period. United Bank increased its stake in Chevron by 7.7% during the 2nd quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after purchasing an additional 796 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Chevron by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock worth $7,280,000 after buying an additional 4,214 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of Chevron by 11.3% in the second quarter. Cullen Frost Bankers Inc. now owns 304,492 shares of the oil and gas company’s stock valued at $43,600,000 after buying an additional 30,990 shares in the last quarter. Finally, Gables Capital Management Inc. grew its holdings in shares of Chevron by 1.7% during the second quarter. Gables Capital Management Inc. now owns 20,727 shares of the oil and gas company’s stock valued at $2,968,000 after buying an additional 343 shares during the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

About Chevron

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.