Chevron Corporation found using ticker (CVX) now have 27 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 215 and 161 with a mean TP of 192.96. Now with the previous closing price of 159.67 this would indicate that there is a potential upside of 20.8%. There is a 50 day moving average of 170.94 and the 200 day MA is 165.26. The company has a market capitalisation of $302,608m. Find out more information at: https://www.chevron.com
The potential market cap would be $365,699m based on the market concensus.
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as 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 by 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 was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
