Summer Sale
50% off Premium Yearly
NYSE:CVX
Chevron Texaco (CVX)
Financials 
Technical Analysis 
Jun 11, 2026, 12:00 amThis summary was created by AI, based on 12 opinions in the last 12 months.
Chevron Texaco (CVX) has received mixed reviews from experts, reflecting a divergence in opinions regarding its stock performance. Several analysts have highlighted its attractive dividend yield, which ranges between 3.8% to 4.7%, alongside robust free cash flow and a recently raised dividend. There are mentions of its potential benefits from operations in Venezuela, particularly following geopolitical developments; however, caution is advised due to the overall volatility in oil prices and the cyclical nature of refining operations. Some experts remain skeptical about investing in energy stocks generally, citing concerns over a lack of growth and the risks associated with current geopolitical factors. In summary, while there are proponents advocating for its strong fundamentals, there are equally strong concerns over valuation and market dynamics.
Oil has been choppy. Turmoil with purchase of Hess, though he likes the opportunity longer term. Tussle with XOM. Pristine balance sheet, very little debt, great dividend. Will do well with oil, profitable, just be patient.
Gordon Reid
Took profits to rotate into sectors with higher beta. Oil stocks have come off with price of oil. Chart's been sideways, earnings disappointment. Longer term, likes the energy space with demand moving higher and supply cuts. 7.5% free cashflow yield, 4.2% dividend yield. He'd consider adding back into the portfolio.
;fill-opacity:1;'/%3e%3cpath%20d='M31%2018.6001V30H8V18.6001L14.1334%2022.4334L19.4999%2014L24.8669%2022.4334L31%2018.6001Z'%20fill='%23EE5432'%20style='fill:%23EE5432;fill:color(display-p3%200.9340%200.3310%200.1956);fill-opacity:1;'/%3e%3c/svg%3e){kind=small}
Premium contentOur PAST TOP PICK with CVX has triggered its stop at $150. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 6%, when combined with our previous recommendations.
Is skeptical that them buying Hess will double their free cash flow by 2027, but not without risk. Earnings were okay, 8.5% better than last quarter but lower than a year ago. Had owned this 11 years, but would buy on a pullback. The dividend is secure and growing.
Kevin Simpson
Premium contentWe reiterate CVX, one of the world's largest integrated energy companies, as a TOP PICK. With WTI prices high enough to generate impressive free cash flow, the company intends to focus on its primary asset in the Permian basin, where economics are well known. This allows the company to maintain a ROE over 20% and to pay a good dividend backed by a payout ratio under one-third of cash flow. We continue to recommend a tight stop at $150, looking to achieve $188 -- upside potential of 18%. Yield 3.6%
(Analysts’ price target is $188.13)Energy is out of favour. Very strong financial position, 11% debt to total capital. Capital investments of years ago are paying off. Great free cashflow. Trades at 7x enterprise value to EBITDA, relatively cheap. Wonderful promise on growth, and shareholder-friendly paybacks. Yield is 3.77%.
(Analysts’ price target is $185.18)Gordon ReidPremium contentWe reiterate CVX, one of the world's largest fully integrated oil and gas companies as a TOP PICK. The company continues to generate enormous free cash flow, allowing the company to aggressively retire debt and buy back shares. It trades under 10x earnings and under 2x book value. It pays a good dividend backed by a payout ratio under 1/3 of cash flow. We continue to recommend a stop at $150, looking to achieve $189 -- upside potential of 19%. Yield 3.6%
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20scale(-1,%201)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Oil prices are higher mostly on fundamentals, but also on geopolitical tensions and some manipulation of supply by the usual suspects. Fortress balance sheet. Payout ratio only 43-44%. Great income stock. Ignore short-term noise on Hess acquisition. BRK has a very large holding in CVX, and they don't do anything lightly. Yield is 4.1%.
(Analysts’ price target is $179.92)