Chevron Corporation (CVX)
NYSEEnergyOil & Gas IntegratedSnapshot 2026-09-04
$208.60-1.29%
Close 2026-09-04 · 1-day change
NYSEEnergyOil & Gas IntegratedSnapshot 2026-09-04
Research Workspace
Put CVX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Energy is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance freshly dropped to the bottom half of its industry.
View ThesisRevenue growth is accelerating — up about 10% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 40%, softest on share dilution.
View QualityManagement screens strong on earnings delivery.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskChevron's growth depends on expanding its Venezuelan operations to drive production. Recent agreements are expected to enhance revenue and production capabilities. Revenue grew 56% year over year, and the last quarter beat estimates. Chevron trades at 19× P/E, below the peer median of 23×. This suggests the price reflects modest growth expectations compared to our view. The risk is that CVX's recent financial performance dropped to the bottom half of its industry. This change indicates a weakened reason to own the stock. Peer multiples imply a price about 7% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. CVX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 25 analysts currently covering CVX (as of Sep 2026).
Based on 9 Wall Street analysts offering 12-month price targets for CVX in the last 4 months.
Continue this research
Compare CVX with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| CVX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Energy (broad) — fair value, gap to price, and forward P/E.
Compare the value case
Put CVX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Long-term commitment in Venezuela supports production growth strategy.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $208.60
The last 12 months of price, then the range of analyst 12-month targets from today’s $208.60.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Drive free cash flow and production growth
New deals enhance production growth potential in Venezuela.
Potential changes in US oil policy could impact Chevron's operations.
Threatens: Maintain capital and cost discipline
Operational challenges hinder cost discipline and overall performance.
Threatens: Return cash to shareholders
Concerns about dividend sustainability if oil prices fall.
Advances: Advance energy transition and new energies businesses
Investment in Venezuela supports energy transition objectives.
Advances: Drive free cash flow and production growth
Significant investment enhances free cash flow and production growth.
Advances: Drive free cash flow and production growth
Investment in Venezuelan oil boosts production growth potential.
