Chevron Texaco (CVX) Buy, Sell or Hold

Chevron Texaco (CVX)

207.21

+3.00 (1.47%)

as of Oct 1, 2026, 8:21:43 pm Market Open.

224 watching

COMMENT

They report Friday. Keep an open mind. The major oils are starting to make a serious effort to offset the damage of oil and shrink their large carbon footprints. This may make ESG money managers interested in buying their stock.

Wealthica Track your Stocks in your Watch List

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly A return to oil prices above $70 and the threat of inflation returning post-pandemic are two big reasons to own CVX. The company is a dividend aristocrat, increasing the dividend for the past 34 consecutive years. Next year’s projected earnings place the dividend payout ratio at 76% of cash flow. We would buy this with a stop loss at $80, looking to achieve $123 – upside over 20%. Yield 5.11% (Analysts’ price target is $121.93)

BUY

Oil hit intraday highs today and continues to rally.

BUY

How to play the U.S. reopening trade Energy. There's a lack of investment in fossil fuels and even renewables. The street has underestimated energy. Brent oil will stay north of $65 as the price of gas--and margin--will remain high. Buy oil and oil services.

BUY

It reports Friday. It could surprise to the upside. He expects the CEO to talk a lot about how they're cutting carbon emissions. Yes, even the oil companies have to care about the environment. Will they conserve or buyback shares and raise dividends? Oil prices are up and and costs down, so this could surprise to the upside.

COMMENT

Energy seeing a surprise rally now. However, he sees oil's long-term prospects as grim. He would buy only two oil stocks, including Chevron, the top of class. It has held up surprisingly well during this pandemic and pays a safe dividend of 5.7%. The only problem is that this is up 35% in the past 6 weeks.

DON'T BUY

Oil Companies. The war between Saudi Arabia and Russia may be a concerted effort to put marginal producers out of business. It is an unpredictable battle.

COMMENT

Well-run. Disciplined in capital allocation, like stepping out of the bidding for a company when a certain price was reached. They had the discipline to pull out. But the energy space is challenged.

DON'T BUY

Energy is benefitting from the current bump in oil prices. But he prefers the integrateds like BP and Royal Dutch Shell than Chevron.

SELL

Time to get out? You should get out. If they lose and acquire further Permian acreage, he would prefer to own a mid-cap producer in the space.

BUY

He likes the oil space; it's cheap. He prefers Exxon Mobil, but CVX is cheaper and a good stock. $127.80 is his target price, a modest upside. Good 4% dividend.

DON'T BUY

He likes this stock. His model price is $140, 14% higher than the current price. The dividend is covered by the earnings. He expects it to rise with the market through year-end, if the market rises. However, he thinks there is better value elsewhere.

PAST TOP PICK

(A Top Pick September 5/17 Up 17%) Investors are probably liking this better than Exxon (XOM-N), due to its cost cutting measures and development of LNG in Australia.

DON'T BUY

COP-N vs. CVX-N. He prefers COP-N. It has underperformed. It is more in the E&P space and did some divestitures recently. They are in a great spot. There is nothing wrong with CVX-N but it will underperform.

PAST TOP PICK

(A Top Pick Jan 6 /17, Up 11%) It’s a juggernaut in this space, one of the biggest fully integrated company in the world. At the time it really wasn’t that much of a risk. Oil prices went down but because it was fully integrated, it beneficiated from the pump side. He still feels it’s low risk despite the price going up a little bit and you’re getting a nice little dividend

Showing 91 to 105 of 188 entries

Most Recent Experts

Dennis Mitchell, CFA

Sentry Select Capital Corp

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Andrew Moffs

Vision Capital

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Chevron Texaco (CVX)