Chevron (NYSE:CVX) Stock Price Down 1.5% – What’s Next?

Chevron Corporation (NYSE:CVX) dropped 1.5% during trading on Tuesday . The company traded as low as $199.79 and last traded at $199.9840. Approximately 7,537,303 shares changed hands during trading, a decline of 30% from the average daily volume of 10,798,146 shares. The stock had previously closed at $203.09.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has reportedly struck fresh oil in Angola, an exploration success that could strengthen its upstream portfolio and support future production growth. Chevron stock turns heads as company strikes fresh oil
• Positive Sentiment: Analysts continue to favor Chevron over some international peers, citing stronger 2026 earnings growth, production momentum and significant exposure to Guyana. Similar coverage identifies earnings growth and price strength as reasons to keep CVX on investors’ watch lists. Chevron vs. Shell
• Positive Sentiment: Brent crude has remained near $94 after a second consecutive weekly gain, improving the economics of Chevron’s upstream operations and providing an important earnings tailwind. Chevron Rises as Iran Pressure Keeps Brent Near $94
• Positive Sentiment: Dividend-focused coverage presents Chevron as a potential long-term income holding. Analysts and commentators point to its dividend increases, strong recent results and financial resilience, while brokerage sentiment remains a consensus “Moderate Buy.” 3 Dividend Stocks to Buy and Hold for the Next Decade
• Neutral Sentiment: Reports comparing Chevron with ExxonMobil and Shell are favorable to CVX, but they primarily reinforce existing investment themes—dividend durability, yield, earnings growth and production—rather than introduce a new company-specific catalyst. Chevron vs. Shell
• Negative Sentiment: Recent weakness appears partly related to modest profit-taking after the stock’s strong run. In addition, Chevron remains sensitive to crude-price volatility; a slowdown in oil prices or resolution of supply concerns could reduce the current upstream boost. America’s Strategic Petroleum Reserve Is Running on Fumes

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CVX shares. TD Cowen increased their price objective on shares of Chevron from $200.00 to $205.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and set a $216.00 target price on shares of Chevron in a report on Friday, July 10th. Mizuho set a $224.00 price target on Chevron in a report on Monday, August 3rd. UBS Group reissued a “buy” rating on shares of Chevron in a research report on Tuesday, June 23rd. Finally, Wall Street Zen upgraded Chevron from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Twenty analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $207.48.

Chevron Trading Down 1.5%

The company has a 50 day moving average of $185.48 and a two-hundred day moving average of $188.35. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market capitalization of $395.12 billion, a PE ratio of 19.17, a P/E/G ratio of 0.61 and a beta of 0.49.

Chevron (NYSE:CVX) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The company had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The firm’s revenue was up 57.4% compared to the same quarter last year. During the same period last year, the business posted $1.77 earnings per share. Sell-side analysts predict that Chevron Corporation will post 16.17 EPS for the current year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $1.78 per share. The ex-dividend date is Wednesday, August 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.6%. Chevron’s dividend payout ratio is 68.26%.

Insider Activity at Chevron

In other Chevron news, insider R. Hewitt Pate sold 2,470 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $205.11, for a total transaction of $506,621.70. Following the transaction, the insider owned 10,794 shares in the company, valued at approximately $2,213,957.34. This represents a 18.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Michael K. Wirth sold 317,100 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $200.46, for a total transaction of $63,565,866.00. Following the completion of the transaction, the chief executive officer directly owned 26,308 shares of the company’s stock, valued at approximately $5,273,701.68. This represents a 92.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,152,582 shares of company stock valued at $225,853,661. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Chevron

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CVX. Midwest Capital Advisors LLC purchased a new stake in Chevron during the 1st quarter valued at about $25,000. Core Wealth Advisors LLC purchased a new position in shares of Chevron in the fourth quarter worth about $26,000. Phillip James Consulting Co. acquired a new stake in shares of Chevron during the fourth quarter worth about $26,000. Basso Capital Management L.P. acquired a new stake in shares of Chevron during the fourth quarter worth about $27,000. Finally, Karpus Management Inc. purchased a new stake in Chevron in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 72.42% of the company’s stock.

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.