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Chevron Corp (CVX)

Juste valeur
EnergyOil & Gas IntegratedUnited States

Fondamental

62

Prix

$206.11

Capitalisation boursière

$404.82B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

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.

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Direct competitors

Who this company fights with for the same customers

Compare

Generated on 18 septembre 2026 with claude-haiku-4-5 — shared with all users

P/E: 24.3Score: 72Market cap: $668.27B

The other US integrated supermajor, competing with Chevron for the same oil and gas acreage — above all in the Permian Basin and in Guyana — and selling refined fuels and chemicals to the same customers worldwide.

P/E: 11.6Score: 71Market cap: $179.04B

Competes for the same upstream licences in Africa, the Middle East and offshore Latin America, and for the same LNG buyers in Europe and Asia.

P/E: 16.5Score: 62Market cap: $151.42B

The largest US independent producer, competing directly with Chevron's upstream arm for Permian and Alaskan acreage and for LNG offtake agreements.

Shell plcSHEL

Integrated European major that competes head-on with Chevron for LNG supply contracts, deepwater licences and service-station and lubricants customers on the same international markets.

BP p.l.c.BP

Integrated major bidding against Chevron for exploration acreage and running competing refining, fuels-retail and lubricants businesses in the same regions.

Eni S.p.A.ENI

Italian integrated major competing for the same exploration blocks in North and West Africa, Egypt and the Eastern Mediterranean, and for gas supply to the same European buyers.

Bilan & Liquidités

Chiffre d'affaires

$208.71B

12 derniers mois (au 30/06/2026)

Résultat net

$20.59B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

$16.59B

Capitaux propres totaux

$186.45B

Passif total

$131.84B

Ratio de liquidité général

1.25

Couverture des intérêts

-

Dette/EBITDA

0.73

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

CycliqueJustement valorisé

Juste valeur

$182.74

Prix actuel

$206.11

Marge de sécurité

-12.8%

Fourchette de juste valeur

$141.02 - $224.46

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$224.33
Flux de trésorerie actualisés (DCF):Non applicable à ce type d'entreprise
Multiple de résultat (P/E):$147.51
Formule de croissance de Graham:Non applicable à ce type d'entreprise
Valeur de la capacité bénéficiaire (EPV):$137.95
P/B justifié:Non applicable à ce type d'entreprise
Actualisation des dividendes (Gordon):Non applicable à ce type d'entreprise
P/FFO, les fonds provenant de l'exploitation:Non applicable à ce type d'entreprise
Bénéfices de milieu de cycle:Données insuffisantes pour le calculer
Multiple sur le chiffre d'affaires:Non applicable à ce type d'entreprise
Consensus des analystes:Achat fort (25B / 4H / 1S)
Dernière surprise sur les résultats:+7.93%

Indicateurs de valorisation

Ratio P/E

19.64

ROE

6.6%

Ratio P/B

2.12

P/FCF

14.94

Marge brute

43.6%

ROIC

-

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

-

WACC

7.5%

ROIC − WACC

-

Critères d'analyse fondamentale

Réussi (18)

  • Price CAGR 6.16%
  • Gross Margin 43.6%
  • P/FCF 14.94
  • P/B Ratio 2.12
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 11.0%
  • Revenue Growth 5Y 14.3%
  • Analyst Consensus 83% Buy
  • Earnings Surprise avg 16.8%
  • Earnings Quality (OCF/NI) 2.20
  • Share Dilution 2.1%
  • Net Margin Trend 9.9% vs 7.3%
  • Piotroski F-Score 5/9

Échoué (5)

  • EPS shows upward trend
  • EPS CAGR -1.54%
  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)

Indisponible (5)

  • ROIC NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage
  • PEG Ratio (need PE > 0 and growth > 0)

Score F de Piotroski

5/9

Signaux mixtes : certains domaines nécessitent attention

score
criteria

Qualité des bénéfices

2.20

Qualité élevée : bénéfices soutenus par la trésorerie

Dilution du capital

2.1%

Émission de nouvelles actions, diluant la participation

Participations institutionnelles

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. Michael K. WirthChairman & CEO64
Ms. Eimear P. BonnerChief Financial Officer50
Mr. R. Hewitt Pate J.D.Chief Legal Officer62
Mr. Mark A. NelsonVice Chairman & Executive VP of Oil, Products and Gas62
Mr. Robert Clay NeffPresident of Upstream63
Mr. Amit Rajindrasingh GhaiController & Principal Accounting Officer52
Mr. T. Ryder BoothChief Technology & Engineering Officer56
Ms. Jeanine WaiDirector of Investor Relations45
Mr. Jake Robert SpieringPresident of Corporate Business Development42
Ms. Michelle R. GreenChief Human Resources Officer52

Risque d'audit

10

Risque du conseil

4

Risque de rémunération

1

Risque droits des actionnaires

2

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Documents

  • Rapport annuel (10-K)

    Un aperçu annuel de l'activité, des résultats financiers et des risques de l'entreprise.

    Déposé le 2026-02-24

    Voir le document
  • Rapport trimestriel (10-Q)

    Une mise à jour de la performance financière des trois derniers mois.

    Déposé le 2026-08-06

    Voir le document
  • Rapport d'événement important (8-K)

    Un avis concernant un événement important, comme un changement de direction ou une annonce majeure.

    Déposé le 2026-07-31

    Voir le document

via SEC EDGAR

Historique des résultats

via SEC EDGAR

Latest News

Recent headlines for CVX, sourced from Markets Gazette.

  • 29d agoPOSITIVE
    Chevron, Eni Lead Wave of Deals to Boost Venezuela Oil Output

    Chevron Corporation is set to benefit from new energy deals in Venezuela aimed at significantly boosting crude oil production. Alongside partners like Eni SpA and GE Vernova Inc., the US energy giant is participating in initiatives that signal a potential ramp-up in output from the South American nation. This development, supported by US Energy Secretary Chris Wright, suggests an improved operating environment and increased production capacity for Chevron, which could lead to higher revenues and profits. Investors will be watching for the impact on Chevron's global oil supply contribution and financial performance.

  • 9/1/2026POSITIVE
    Chevron is expanding in Venezuela as Trump pushes U.S. oil companies back into the country with 65 billion barrels up for grabs

    Chevron Corporation is solidifying its position as the sole major U.S. oil operator in Venezuela, a nation holding an estimated 65 billion barrels of oil reserves. This strategic expansion occurs amidst a U.S. policy shift under the Trump administration, encouraging American oil firms to re-engage with the South American country. Chevron's continued presence and potential for increased operations in Venezuela, despite the historical nationalization of its oil industry nearly two decades ago, signals a significant opportunity for the company to tap into vast untapped resources. This move could bolster Chevron's global production and revenue streams, offering substantial upside for investors.

  • 8/28/2026POSITIVE
    Chevron Is Nearing a Deal to Expand Oil Operations in Venezuela

    Chevron Corporation is reportedly nearing a deal to expand its oil operations in Venezuela. This potential expansion comes as the U.S. administration is increasing its influence over Venezuela's oil sector. For investors, this development could signify a significant opportunity for Chevron to bolster its production and reserves, especially given the current geopolitical landscape. The move suggests a strategic pivot towards leveraging previously restricted markets, potentially leading to increased revenue streams and a stronger global market position for the energy giant.

  • 8/8/2026POSITIVE
    How Chevron became the AI darling of Big Oil

    Chevron Corporation is emerging as a frontrunner in the integration of Artificial Intelligence within the oil and gas sector, following a significant data center deal with Microsoft. This strategic partnership is poised to accelerate the adoption of AI technologies across Chevron's operations, potentially enhancing efficiency, optimizing resource extraction, and driving innovation in energy production. The move signals a forward-thinking approach by Chevron, positioning it as a leader in leveraging advanced technology to redefine the future of Big Oil and AI synergies, which could translate into improved financial performance and a stronger market position.

via Markets Gazette