234 stories mentioning Chevron CorporationUpdated just now
Chevron in focus as Moody's flagged windfall earnings for major oil producers from a Hormuz closure, while US-Iran peace news moved energy shares.
Chevron (CVX) has an average rating of overweight and mean price target of $216.91, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $174.17, Change: $-1.81, Percent Change: -1.03%
Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index falling 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) shedding 1.2%.The Philadelphia Oil Service Sector Index dropped 1.5%, and the Dow Jones US Utilities Index was fractionally lower.Front-month West Texas Intermediate crude oil fell 2.2% to $71.91 a barrel, and the global benchmark Brent crude contract dropped 2.4% to $76.15 a barrel. Henry Hub natural gas futures slumped 6% to $3.02 per 1 million BTU.In corporate news, Chevron (CVX) is poised to post Q2 earnings above Wall Street's expectations on stronger crude prices and improved refining margins, UBS Securities said in a note. Chevron shares were down 1%.
Chevron (CVX) is poised to post second-quarter earnings above Wall Street's expectations on stronger crude prices and improved refining margins, UBS Securities said in a note.UBS lifted its Q2 earnings-per-share estimate to $5.70 from $3.82, ahead of the $5.02 consensus. It also raised its 2026 EPS estimate to $13.22 from $10.76 and lowered its 2027 forecast to $11.27 from $11.46. The consensus is $14.21 for this year and $12.55 for next."Higher crude price realizations, better refining margins and higher ethylene chain margins" drove the upward revisions, and cash flow from operations before working capital is expected to reach about $18.5 billion, with a $2.3 billion working-capital tailwind, UBS said.Upstream earnings are expected to rise to $7.6 billion from $4.14 billion in the first quarter, supported by higher volumes from Kazakhstan, Australia, and the Middle East, along with higher prices, the note said.Downstream earnings may reach $4.5 billion, compared with a loss of $465 million in the first quarter, on higher international and US refining margins, the note said. "We expect higher ethylene chain margins to be a $275 million and $325 million earnings tailwind sequentially," UBS said.Last month, Chevron subsidiary Energy Forge One agreed to build a power plant in West Texas to supply electricity to a data center operated by Microsoft (MSFT). The facility will deliver about 2.67 gigawatts of capacity under a 20-year power purchase deal.UBS reiterated its buy rating on Chevron's stock with a $220 price target.Chevron's shares fell 1% in Thursday trading. They have gained 14% this year.Price: $174.25, Change: $-1.72, Percent Change: -0.98%
Exxon Mobil (XOM) will invest $1 billion in a project in Nigeria that will add about 40,000 barrels per day to the country's crude oil output, the Nigerian Upstream Petroleum Regulatory Commission said in a post on Instagram on Wednesday.The commission said the investment in on-block activities in the Usan Infill Project in OML 138, was announced by Jagir Baxi, managing director of Exxon Mobil affiliates in Nigeria, during the 25th NOG Energy Week Conference the same day.Commission Chief Executive, Oritsemyiwa Eyesan said the announcement would mark the first drilling by Esso Exploration and Production Nigeria, an Exxon Mobil affiliate, since 2016.Esso Exploration and Production operates the OML 138 within which the Usan field is found. The block is operated via a production sharing contract with NNPC Limited, with partners including Chevron (CVX), TotalEnergies (TTE) and Nexen, a subsidiary of China National Offshore Oil.Separately, the NUPRC on Wednesday awarded licenses from the 2022/23 Mini Bid Round and Nigeria 2024 Licensing Round, with recipients including Boron Energy, Petroli Energy Marketing and Supply, Sahara Deepwater Resources and Tulcan Energy.In all 12 entities were awarded 19 petroleum prospecting licenses, the statement said, spanning deep offshore, shallow water and continental shelf acreages.
Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each adding about 1.2%.The Philadelphia Oil Service Sector Index was gaining 2.4%, and the Dow Jones US Utilities Index was decreasing 0.8%.Crude oil prices jumped after President Donald Trump threatened additional strikes against Iran tonight, saying the ceasefire with Tehran was over. The US struck Iran on Tuesday after Tehran attacked three tankers that crossed the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps hit US military targets across Bahrain and Kuwait in retaliation to Washington's attacks, CNN reported. The US will likely hit Iran again tonight, Trump said Wednesday at a NATO summit in Turkey.Front-month West Texas Intermediate crude oil rose 4.4% to $73.53 a barrel, and the global benchmark Brent crude contract climbed 5.2% to $78.01 a barrel. Henry Hub natural gas futures fell 1.4% to $3.22 per 1 million BTU.US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 3.2 million barrels in the week ended July 3 following a decrease of 9.3 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks rose by 3.0 million barrels after a 3.8-million-barrel decline in the previous week, compared with a 1.9-million-barrel drop expected in a survey compiled by Bloomberg.In corporate news, Occidental Petroleum (OXY) shares gained 3.3% after Evercore ISI upgraded the stock to outperform from underperform and raised its price target to $65 from $58.ConocoPhillips' (COP) strong operations in fiscal Q2 should offset Middle East headwinds, with the firm likely to repeat production and equity affiliate distribution projections for the fiscal year, UBS Securities said in a note. ConocoPhillips shares rose 1.7%.Chevron's (CVX) Chevron Technical Center and ZL Chemicals signed a technology licensing deal that allows ZL to commercialize Chevron-developed chemical surfactant technology, they said Wednesday. Shares were up 1.2%.Baker Hughes (BKR) will provide power generation services to support Kodiak Gas Services' (KGS) energy infrastructure initiatives under a new multiyear agreement, the companies said. Baker Hughes shares popped 4.9%.
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.1%.The Philadelphia Oil Service Sector Index was climbing 1.9%, and the Dow Jones US Utilities Index was decreasing 0.4%.Crude oil prices jumped after President Donald Trump threatened additional strikes against Iran tonight, saying the ceasefire with Tehran was over. The US struck Iran on Tuesday after Tehran attacked three tankers that crossed the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps hit US military targets across Bahrain and Kuwait in retaliation to Washington's attacks, CNN reported. The US will likely hit Iran again tonight, Trump said Wednesday at a NATO summit in Turkey.Front-month West Texas Intermediate crude oil jumped 6.1% to $74.72 a barrel, and the global benchmark Brent crude contract climbed 6.6% to $79.08 a barrel. Henry Hub natural gas futures fell 1.3% to $3.22 per 1 million BTU.US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 3.2 million barrels in the week ended July 3 following a decrease of 9.3 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks rose by 3.0 million barrels after a 3.8-million-barrel decline in the previous week, compared with a 1.9-million-barrel drop expected in a survey compiled by Bloomberg.In corporate news, Chevron (CVX) unit Chevron Technical Center and ZL Chemicals signed a technology licensing deal that allows ZL Chemicals to commercialize Chevron-developed chemical surfactant technology, the companies said Wednesday. Chevron shares were up 1%.Baker Hughes (BKR) will provide power generation services to support Kodiak Gas Services' (KGS) energy infrastructure initiatives under a new multiyear agreement, the companies said. Baker Hughes shares climbed 4.1%.Petrobras (PBR) has signed a settlement agreement with Brazil's oil regulator ANP to bring 335 offshore wells into compliance with well integrity regulations by Dec. 31, 2030, according to a translation of a statement from the regulator. Petrobras shares rose 2.8%.
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.1%.The Philadelphia Oil Service Sector Index was climbing 1.9%, and the Dow Jones US Utilities Index was decreasing 0.4%.Crude oil prices were sharply higher after President Donald Trump warned of more strikes on Iran after saying a peace deal signed in June "is over."Front-month West Texas Intermediate crude oil jumped 6.1% to $74.72 a barrel, and the global benchmark Brent crude contract climbed 6.6% to $79.08 a barrel. Henry Hub natural gas futures fell 1.3% to $3.22 per 1 million BTU.In corporate news, Chevron (CVX) unit Chevron Technical Center and ZL Chemicals signed a technology licensing deal that allows ZL Chemicals to commercialize Chevron-developed chemical surfactant technology, the companies said Wednesday. Chevron shares rose 1%.
(Updates with index/price moves, macroeconomic data, and political news from the first paragraph.)US equity indexes fell while volatility jumped with crude oil and government bond yields after President Donald Trump warned of more strikes on Iran after saying a peace deal signed in June "is over"The Dow Jones Industrial Average dropped 1.2% to 52,294.8, with the Nasdaq Composite down 0.2% to 25,760.5, and the S&P 500 lower by 0.5% to 7,469.1 after midday Wednesday.Energy was the standout gainer, with Valero Energy (VLO), Occidental Petroleum (OXY), and Phillips 66 (PSX) leading the S&P 500. Chevron (CVX) was the Dow's top gainer. On Nasdaq, the top spot went to Baker Hughes (BKR).The CBOE Volatility Index jumped 6% to 17 after Trump said, per a Bloomberg report, the US would probably launch further strikes on Iran and could resume a blockade on the country's ports.American forces launched strikes against more than 80 targets in Iran, including air defense systems, command-and-control networks, coastal radar installations and anti-ship missile capabilities, in response to recent attacks on commercial shipping in the Strait of Hormuz, according to a Deutsche Bank note on Wednesday. The strikes were accompanied by the US Treasury's decision to revoke a waiver that had allowed new Iranian oil sales, it said."We hit them very hard last night," Trump said Wednesday on the sidelines of a summit of the North Atlantic Treaty Organization leaders in Ankara, Turkey. "Probably hit them hard again tonight."The front-month global benchmark North Sea Brent soared 7% to $79.37 a barrel, and the US West Texas Intermediate surged 6.9% to $75.29 a barrel.After the burial ceremony of Iran's Supreme Leader Ayatollah Ali Khamenei - killed by an Israeli strike at the outset of the conflict - ends on July 9, both warring sides could adopt an even harder stance, driving a further uptick in geopolitical risk premiums, according to a note from Rystad Energy."Even if no sustained physical disruption materializes, uncertainty around vessel safety, insurance costs, potential delays, and the risk of further retaliation is likely to keep volatility elevated in the near term," the Rystad note said.US Treasury yields rose, reflecting market concern that higher crude oil prices, driven by a supply shock, will make it harder for the Federal Reserve to fight inflation. The two-year yield jumped 5.8 basis points to 4.22%, and the 10-year climbed 6.2 basis points to 4.59%.Inflation concerns also sent gold futures down 2.7% to $4,045.6 and silver futures lower by 5.5% to $57.98.In economic news, the minutes from the Fed's policy meeting on June 16-17 are due at 2 pm ET. Investors will parse the views on the direction of interest rates at a time when the market is pricing in hikes. The probability of a 25-basis-point increase in rates is the highest among all other policy outcomes in September, October, and December, the CME FedWatch tool showed Wednesday.Meanwhile, in company news, Apple (AAPL) said Wednesday that Broadcom (AVGO) will produce chips for use in the iPhone maker's products in a deal likely worth more than $30 billion.
(Updates with index/price moves and political news from the first paragraph.)US equity indexes slumped while volatility surged with crude oil and government bond yields after President Donald Trump warned of more strikes on Iran after saying a peace deal signed in June "is over"The Dow Jones Industrial Average dropped 1.5% to 52,107.8, with the Nasdaq Composite down 1% to 25,572.5, and the S&P 500 lower by 1% to 7,434.1 after midday Wednesday.Energy was the standout gainer, with Valero Energy (VLO), Occidental Petroleum (OXY), and Phillips 66 (PSX) leading the S&P 500. Chevron (CVX) was the Dow's top gainer. On Nasdaq, the top spot went to Baker Hughes (BKR).The CBOE Volatility Index jumped 13% to 18.18 after Trump said, per a Bloomberg report, the US would probably launch further strikes on Iran and could resume a blockade on the country's ports."We hit them very hard last night," Trump said Wednesday on the sidelines of a summit of the North Atlantic Treaty Organization leaders in Ankara, Turkey. "Probably hit them hard again tonight."The front-month global benchmark North Sea Brent soared 7% to $79.37 a barrel, and the US West Texas Intermediate surged 6.9% to $75.29 a barrel.US Treasury yields rose, with the two-year yield jumping 5.8 basis points to $4.22% and the 10-year climbing 6.2 basis points to 4.59%.
Chevron (CVX) unit Chevron Technical Center and ZL Chemicals entered into a technology licensing agreement that allows ZL Chemicals to commercialize Chevron-developed chemical surfactant technology, the companies said Wednesday.Under the agreement, ZL Chemicals will market products and services under the Vantis brand for enhanced oil recovery programs and new well optimization efforts in shale and tight reservoirs, according to the companies.The companies said Chevron will continue developing next-generation advanced surfactant technologies for its own operations, while ZL Chemicals will commercialize products and services using the licensed technology.Financial terms of the deal were not disclosed.Chevron shares were 1.4% higher in early Wednesday trading.Price: $176.27, Change: $+2.32, Percent Change: +1.34%
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures fell pre-bell Wednesday as President Donald Trump declared that the US ceasefire with Iran was "over" amid escalating hostilities in the region once again, sending oil prices soaring.Dow Jones Industrial Average futures were 0.9% lower, S&P 500 futures were down 0.6%, and Nasdaq futures were 0.8% lower.In a post on X, US Central Command said it struck 80 Iranian targets, including air defense systems and radar sites, as a response to Iran's attacks on three commercial ships transiting the Strait of Hormuz. The US also revoked a license that allowed Iran to sell oil around the world.Iran's Islamic Revolutionary Guard Corps said that they had targeted US military sites in Bahrain and Kuwait. The renewed conflict in the region has caused at least four oil and gas tankers to turn back from their attempt to pass by the waterway, according to a Reuters report citing date from Kpler and LSEG.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.5% at $77.45 per barrel and US West Texas Intermediate crude 4.3% higher at $73.46 per barrel.Traders await the minutes of the June 16-17 Federal Reserve policy session, the first under new chair Kevin Warsh, scheduled for release at 2pm ET.In other world markets, Japan's Nikkei closed 2.1% lower, Hong Kong's Hang Seng ended 3% higher, and China's Shanghai Composite finished 0.5% lower. Meanwhile, the UK's FTSE 100 was down 1%, and Germany's DAX index was 1.7% lower in Europe's early afternoon session.In equities, Walmart (WMT) shares rose nearly 1% after the company lowered prices on essentials and groceries, including beef, fresh produce, beverages and other products as part of a summer rollback measure, following an announcement from Trump that the retailer would lower its prices "by a lot" at his administration's request to celebrate the country's 250th birthday.The increase in oil prices boosted energy stocks in premarket activity. Exxon Mobil (XOM) shares were 1.3% higher, Chevron (CVX) stock was up 1.5%, and ConocoPhillips (COP) shares climbed 1.5%.On the losing side, airline stocks dropped on concerns over fuel costs and demand. Delta Air Lines (DAL) shares fell 2.3%, United Airlines (UAL) stock was down 2.9%, and Southwest Airlines (LUV) shares declined 2.2%.
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index rising 0.9% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.8%.The Philadelphia Oil Service Sector Index rose 0.2%, and the Dow Jones US Utilities Index climbed 2.1%.The Doha discussions between the US and Iran produced "positive progress" on issues related to the memorandum that halted the war in June and were "building on the outcomes" from the Switzerland summit, a Qatar Foreign Ministry spokesperson said in a post on X, according to Reuters.Front-month West Texas Intermediate crude oil decreased 0.1% to $68.51 a barrel, and the global benchmark Brent crude contract was up 0.1% at $71.62 a barrel. Henry Hub natural gas futures fell 0.5% to $3.20 per 1 million BTU.In sector news, US natural gas stocks increased by 87 billion cubic feet in the week ended June 26, larger than the 84 billion cubic feet increase expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.In corporate news, Chevron's (CVX) Kilby power project differentiates the company from its global peers and could become a new earnings growth driver while supporting a higher valuation over time, UBS Securities said. The brokerage said in a note that the 2.67-gigawatt project, being developed with Joulent to supply power to a Microsoft (MSFT) data center under a 20-year agreement, could become one of the largest -- if not the largest -- behind-the-meter power projects developed to date. Chevron shares were up 2.1%.Obsidian Energy (OBE) said Thursday it closed the acquisition of Belly River light oil assets in the Wilson Creek area of Willesden Green for $98 million, adding 2,500 barrels of oil equivalent per day of light oil production and 35 sections of land. Obsidian Energy shares rose 0.6%.TotalEnergies (TTE) said it has agreed to sell its 85% interest in Block 2E offshore Malaysia to INPEX for $350 million. TotalEnergies shares added 2.4%.Tsakos Energy Navigation (TEN) said it placed an order for a second LNG carrier at Hyundai Heavy Industries in South Korea, with delivery expected in Q1 2029. Tsakos shares jumped past 5%.
Energy stocks were higher late Thursday afternoon, with the NYSE Energy Sector Index rising 0.8% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.3%.The Philadelphia Oil Service Sector Index shed 0.1%, and the Dow Jones US Utilities Index climbed 1.6%.Front-month West Texas Intermediate crude oil increased 0.1% to $68.49 a barrel, and the global benchmark Brent crude contract was fractionally higher at $71.60 a barrel. Henry Hub natural gas futures fell 0.8% to $3.20 per 1 million BTU.In corporate news, Chevron's (CVX) Kilby power project differentiates the company from its global peers and could become a new earnings growth driver while supporting a higher valuation over time, UBS Securities said. The brokerage said in a note that the 2.67-gigawatt project, being developed with Joulent to supply power to a Microsoft (MSFT) data center under a 20-year agreement, could become one of the largest -- if not the largest -- behind-the-meter power projects developed to date. Chevron shares were up 1.5%.
Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.9% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.5%.The Philadelphia Oil Service Sector Index added 0.2%, and the Dow Jones US Utilities Index climbed 1.5%.The Doha discussions between the US and Iran produced "positive progress" on issues related to the memorandum that halted the war in June and were "building on the outcomes" from the Switzerland summit, a Qatar Foreign Ministry spokesperson said in a post on X, according to Reuters.Front-month West Texas Intermediate crude oil decreased 0.3% to $68.40 a barrel, and the global benchmark Brent crude contract declined 0.2% to $71.41 a barrel. Henry Hub natural gas futures rose 0.6% to $3.20 per 1 million BTU.In sector news, US natural gas stocks increased by 87 billion cubic feet in the week ended June 26, larger than the 84 billion cubic feet increase expected in a survey compiled by Bloomberg and following an increase of 76 billion cubic feet in the previous week.In corporate news, Chevron (CVX) continues to offer positive risk-reward as declining capital intensity across key upstream projects and emerging opportunities across its portfolio strengthen the company's long-term outlook, RBC Capital Markets said in a note. RBC maintained its outperform rating on Chevron and $220 price target. Chevron shares were up 1.6%.TotalEnergies (TTE) said it has agreed to sell its 85% interest in Block 2E offshore Malaysia to INPEX for $350 million. TotalEnergies shares added 2.1%.Tsakos Energy Navigation (TEN) said it placed an order for a second LNG carrier at Hyundai Heavy Industries in South Korea, with delivery expected in Q1 2029. Tsakos shares jumped past 5%.
Chevron's (CVX) Kilby power project differentiates the company from its global peers and could become a new earnings growth driver while supporting a higher valuation over time, UBS Securities said.The brokerage said in a Wednesday note that the 2.67-gigawatt project, being developed with Joulent to supply power to a Microsoft (MSFT) data center under a 20-year agreement, could become one of the largest-if not the largest-behind-the-meter power projects developed to date.UBS also said Microsoft could expand its electricity demand over time, creating further upside for the project.The investment firm said National Grid Ventures' $1.75 billion investment for a 35% stake in Joulent suggests the company is emerging as a significant infrastructure platform tied to AI-driven power demand.UBS has a buy rating on the stock, with a price target of $220 per share.Shares of Chevron were up 1.6% in Thursday trading.Price: $168.44, Change: $+2.75, Percent Change: +1.66%
Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.9% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.6%.The Philadelphia Oil Service Sector Index added 0.5%, and the Dow Jones US Utilities Index climbed 1.5%.Front-month West Texas Intermediate crude oil decreased 0.4% to $68.28 a barrel, and the global benchmark Brent crude contract declined 0.3% to $71.38 a barrel. Henry Hub natural gas futures rose 0.6% to $3.20 per 1 million BTU.In corporate news, Chevron (CVX) continues to offer positive risk-reward as declining capital intensity across key upstream projects and emerging opportunities across its portfolio strengthen the company's long-term outlook, RBC Capital Markets said in a note. RBC maintained its outperform rating on Chevron and $220 price target. Chevron shares were up 1.8%.
Chevron (CVX) continues to offer positive risk-reward as declining capital intensity across key upstream projects and emerging opportunities across its portfolio strengthen the company's long-term outlook, RBC Capital Markets said in a Thursday note.The investment firm said Chevron has moved beyond a capital-intensive investment phase, with the Permian and Kazakhstan projects now contributing toward free cash flow harvest mode.RBC also said the recently acquired Hess assets are expected to support volume growth over the coming years.The firm said management remains focused on balance sheet strength and project execution despite recent oil price volatility.RBC maintained its outperform rating on Chevron and $220 price target.
Chevron (CVX) has an average rating of overweight and mean price target of $216.91, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
National Grid Ventures will invest $1.75 billion for a 35% stake in Joulent to expand US power infrastructure for data centers and artificial intelligence workloads, the companies said Wednesday.The companies will form a strategic partnership to develop contracted power and electrical infrastructure for large-load customers as rising demand from data centers and other power-intensive industries outpaces traditional grid connections.National Grid said the investment expands its presence in one of the fastest-growing electricity markets and supports its strategy to pursue selective critical infrastructure opportunities created by the changing energy landscape.Joulent develops integrated power solutions combining co-located natural gas generation, battery storage, renewable energy and across-the-meter grid connections to deliver faster power while supporting future grid access, the company said.Joulent said the investment will accelerate its multi-gigawatt project pipeline while expanding strategic relationships with GE Vernova and Chevron. National Grid Ventures will also contribute expertise in power management, electrical infrastructure and supply chain execution.The investment will fund Project Kilby, a 2.67-gigawatt West Texas facility that National Grid Ventures and Chevron (CVX) will own equally. The project targets first power in 2028 under a 20-year power purchase agreement supplying a Microsoft-operated data center, the companies said.The partnership could strengthen its data center connection program, through which it expects to connect over 10 GW of demand across the US and the UK over the next five years. The company expects a final investment decision in 2026, National Grid added."Joulent was created to close that gap. This investment from National Grid Ventures strengthens our ability to deliver reliable, large-scale power on the timelines AI infrastructure and advanced industry now requires," said Chris James, Joulent's Founder and CEO."Our investment in Joulent is a disciplined, partner-led investment in contracted critical infrastructure for the AI-driven large load economy," said Zoe Yujnovich, Chief Executive of National Grid.Price: $166.15, Change: $+0.39, Percent Change: +0.24%
Chevron (CVX) has an average rating of overweight and mean price target of $217.81, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $170.44, Change: $-1.80, Percent Change: -1.05%
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