About Chevron Corporation
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.
Chevron Corporation (CVX) is a Energy company in the Oil & Gas Integrated industry with a market capitalisation of $419.9B. The stock trades at 20.62x trailing earnings and yields 3.33%.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Market cap
- $419.9B
- P/E ratio
- 20.62
- Forward P/E
- 15.89
- EPS (TTM)
- $10.38
- Revenue (TTM)
- $209.4B
- Free cash flow
- $21.9B
- Profit margin
- 9.8%
- Dividend yield
- 3.33%
- Beta
- 0.49
- Shares outstanding
- 2B
Financial health: Strong8.2/10
7 strengths, 0 concerns. No red flags against these benchmarks.
- Debt to equity: 0.01 (Strong, benchmark < 0.5) — Debt of 0.01x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($4.9B net cash).
- Current ratio: 1.15 (Watch, benchmark > 1.5) — Short-term assets cover 1.15x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 12.2% (Watch, benchmark > 15%) — Earns 12.2% on shareholder equity, short of the > 15% mark.
- Gross margin: 44.3% (Strong, benchmark > 40%) — Keeps 44.3% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 9.8% (Watch, benchmark > 10%) — Turns 9.8% of revenue into profit, short of the > 10% mark.
- Free cash flow: $16.6B (Strong, benchmark positive) — Generated $16.6B of free cash flow after capital spending. It has deteriorated over the last 4 years.
- Revenue growth: 53.5% (Strong, benchmark > 10%) — Revenue changed 53.5% year on year, comfortably past the > 10% mark.
- Earnings growth: 321.9% (Strong, benchmark > 10%) — Earnings changed 321.9% year on year, comfortably past the > 10% mark.
- PEG ratio: 0.95 (Strong, benchmark < 1) — At 0.95, the price looks cheap relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 67.2% (Watch, benchmark < 60%) — Pays out 67.2% of earnings as dividends — above the level usually considered sustainable.