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Chevron Corporation

CVX

Energy

$188.51

+0.94%

Price History (1 Year)

Market Cap

$376.9B

P/E Ratio

28.4x

P/B Ratio

1.63x

EV/EBITDA

8.4x

ROE

6.6%

FCF Yield

5.5%

Div. Yield

3.76%

DCF Value

$135.57

Overvalued vs DCF

QuarterRevenueNet IncomeEPS
2025-12-31$45.79B$2.77B$1.39
2025-09-30$48.17B$3.54B$1.83
2025-06-30$44.38B$2.49B$1.45
2025-03-31$47.61B$3.51B$2.01

AI Analysis

CVX: Leviathan Restart Can't Save the Dividend

  • CVX dropped 5.7% to $189.99 as WTI crashed below $93 — at 28.7x trailing PE, it's the most expensive major oil stock heading into a price downturn.
  • Chevron's Q4 dividend payout ratio already exceeded 100% of net income; at $85-90 oil, buybacks freeze and the dividend consumes all free cash flow.
  • Leviathan gas field restart after 33 days offline is positive but doesn't offset the core problem: 70%+ of earnings tied to oil prices that just fell 17%.
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Data provided by Financial Modeling Prep. AI analysis generated by Claude. This is not financial advice. Past performance does not guarantee future results. Always do your own research before making investment decisions.