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Investor Insights

This summary was created by AI, based on 15 opinions in the last 12 months.

Experts have mixed views on Chevron Texaco (CVX-N). Some believe recent M&A activity is not good for investors, while others see potential for accretive M&A in the energy sector. Financially, the company shows promise with strong free cash flow, dividends, and shareholder-friendly paybacks. However, the stock is trading in no man's land and has faced disappointing earnings. Overall, there is a cautious optimism towards Chevron Texaco.

Consensus
Mixed
Valuation
Fair Value
Similar
ExxonMobil,XOM
DON'T BUY
Chevron Texaco

Recent M&A not good for investors. Does not own shares in company. Disappointment on capital allocation in company. Would look elsewhere for energy sector investors. 

integrated oils
COMMENT
Chevron Texaco

Earnings haven't been great and the PE has declined. Tough comps face energy stocks going into 2024. But M&A will be accretive to the major energy names. Don't buy an energy ETF, but choose energy names.

integrated oils
SELL
Chevron Texaco

She sold Chevron to buy more SLB, which is the #1 player in oil field services. Traeds at 17x forward PE. They raised guidance three times this year, yet shares haven't moved. Their technology is not appreciation.

integrated oils
PAST TOP PICK
Chevron Texaco
(A Top Pick Nov 23/22, Down 20%)

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.

integrated oils
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

PAST TOP PICK
Chevron Texaco
(A Top Pick Jun 13/23, Down 4.5%)Stockchase Research Editor: Michael O'Reilly

Our 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. 

integrated oils
BUY ON WEAKNESS
Chevron Texaco

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.

integrated oils
BUY
Chevron Texaco
A big gainer in Q3

Oil has been rallying due to geopolitics, rather than demand. That may be why oil stocks have lagged crude. CVX was up 7% in Q3.

integrated oils
BUY
Chevron Texaco

There's been underinvestment in oil while the world demands more oil. Chevron had a solid quarter despite lower oil prices last quarter, but he expects higher prices ahead. One of his top holdings.

integrated oils
BUY
Chevron Texaco

You need some exposure to energy, so she's sticking with this.

integrated oils
BUY
Chevron Texaco

He added more recently. Permian production hit a record. Saudi Arabia wants to cut more oil and raise prices. Also, he's bullish China, because there's little downside going forward.

integrated oils
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

TOP PICK
Chevron Texaco
Stockchase Research Editor: Michael O'Reilly

We 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)
integrated oils
TOP PICK
Chevron Texaco

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)
integrated oils
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

TOP PICK
Chevron Texaco
Stockchase Research Editor: Michael O'Reilly

We 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%

integrated oils
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

TOP PICK
Chevron Texaco
Stockchase Research Editor: Michael O’Reilly

As of end 2022, CVX was Warren Buffet’s third largest holding - $30 billion.  The company is generating incredible cash flow as it benefits from its integrated portfolio from production to retail distribution.  It trades at 10x earnings and under 2x book value and supports a 23% ROE.  Cash reserves are growing while debt is retired and shares bought back.  It pays a good dividend, backed by payout ratio under 35% of cash flow.  We recommend placing a stop loss at $150, looking to achieve $193 — upside potential over 19%.  Yield 3.58%

(Analysts’ price target is $192.96)
integrated oils
DON'T BUY
Chevron Texaco

Oil prices have been slumping and Chevron's last quarter wasn't up to snuff. Shares at in no man's land.

integrated oils
Showing 1 to 15 of 151 entries

Chevron Texaco(CVX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 11

Stockchase rating for Chevron Texaco is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chevron Texaco(CVX-N) Frequently Asked Questions

What is Chevron Texaco stock symbol?

Chevron Texaco is a American stock, trading under the symbol CVX-N on the New York Stock Exchange (CVX). It is usually referred to as NYSE:CVX or CVX-N

Is Chevron Texaco a buy or a sell?

In the last year, 11 stock analysts published opinions about CVX-N. 8 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chevron Texaco.

Is Chevron Texaco a good investment or a top pick?

Chevron Texaco was recommended as a Top Pick by on . Read the latest stock experts ratings for Chevron Texaco.

Why is Chevron Texaco stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chevron Texaco worth watching?

11 stock analysts on Stockchase covered Chevron Texaco In the last year. It is a trending stock that is worth watching.

What is Chevron Texaco stock price?

On 2024-02-20, Chevron Texaco (CVX-N) stock closed at a price of $154.