Corsicana & Co. Takes Position in Chevron Corporation $CVX

Corsicana & Co. bought a new position in shares of Chevron Corporation (NYSE:CVX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,322 shares of the oil and gas company’s stock, valued at approximately $1,448,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flputnam Investment Management Co. boosted its position in Chevron by 10.4% during the third quarter. Flputnam Investment Management Co. now owns 100,960 shares of the oil and gas company’s stock valued at $15,678,000 after acquiring an additional 9,552 shares during the last quarter. Viking Fund Management LLC lifted its stake in shares of Chevron by 0.3% in the 3rd quarter. Viking Fund Management LLC now owns 151,500 shares of the oil and gas company’s stock valued at $23,526,000 after purchasing an additional 500 shares during the period. CCM Investment Advisers LLC lifted its stake in shares of Chevron by 0.7% in the 3rd quarter. CCM Investment Advisers LLC now owns 73,294 shares of the oil and gas company’s stock valued at $11,382,000 after purchasing an additional 533 shares during the period. Sharkey Howes & Javer bought a new stake in shares of Chevron during the 3rd quarter valued at about $208,000. Finally, Falcon Wealth Planning grew its stake in Chevron by 25.0% during the third quarter. Falcon Wealth Planning now owns 2,607 shares of the oil and gas company’s stock worth $405,000 after purchasing an additional 521 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Activity

In related news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the transaction, the director owned 1,128,045 shares of the company’s stock, valued at $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by insiders.

Chevron Stock Up 0.0%

Chevron stock opened at $147.74 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The firm’s fifty day moving average price is $152.31 and its two-hundred day moving average price is $152.56. The firm has a market capitalization of $297.47 billion, a price-to-earnings ratio of 20.78, a price-to-earnings-growth ratio of 8.78 and a beta of 0.68. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $168.96.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The company had revenue of $48.17 billion for the quarter, compared to analyst estimates of $46.99 billion. During the same quarter in the prior year, the business posted $2.48 EPS. The firm’s revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were issued a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, November 18th. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CVX shares. Piper Sandler dropped their price target on Chevron from $171.00 to $169.00 and set an “overweight” rating on the stock in a research note on Monday, November 10th. Wells Fargo & Company lifted their price objective on shares of Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Raymond James Financial reiterated an “outperform” rating and set a $160.00 target price (down previously from $170.00) on shares of Chevron in a research report on Friday, October 17th. Scotiabank raised their price target on shares of Chevron from $160.00 to $165.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Finally, Zacks Research lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $166.00.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron sealed a five‑year LNG supply deal to deliver 2 billion cubic meters to Hungary, adding near‑term contracted export volumes and European revenue diversification away from Russian gas. This supports steady cash flow and strengthens Chevron’s European foothold. Chevron to Export 2 Billion Cubic Meters of LNG to Hungary
• Positive Sentiment: Analysts and retail outlets argue Chevron can generate strong free cash flow if energy prices remain elevated through 2030, supporting capital spending, dividends and buybacks even in moderately lower-price scenarios — a bullish operating-profile narrative for long-term income investors. Why Chevron Could Thrive If Energy Prices Stay Elevated Through 2030
• Positive Sentiment: Television commentator Jim Cramer publicly recommended sticking with Chevron and expressed confidence in CEO Mike Wirth’s ability to deliver results — a high‑profile endorsement that can buoy retail sentiment. Jim Cramer on Chevron: “I Would Stick With It”
• Positive Sentiment: Coverage highlighting Chevron as one of Berkshire Hathaway’s “dividend aristocrats” underscores its track record of shareholder returns and may attract income‑focused or dividend‑growth investors. Inside Berkshire’s Dividend Aristocrats: Bank of America, Chevron, and Coca‑Cola
• Positive Sentiment: Benzinga reports Chevron is named among participants in a high‑stakes nuclear/fusion play alongside big tech and finance firms — signalling investments in low‑carbon technologies and potential long‑term strategic optionality. Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy Play
• Neutral Sentiment: Forbes examines whether Chevron’s attractive cash‑return profile is being masked by its Venezuela exposure — a balanced read that highlights strong returns but flags political and sanction risks investors should price in. Is Venezuela Risk Masking Chevron’s Strong Cash‑Return Profile?
• Negative Sentiment: Reporting shows Chevron continues operations in Venezuela despite rising U.S.–Venezuela tensions, which raises sanction, legal and operational risks that could disrupt production or exports. That geopolitical exposure is a potential downside catalyst. Chevron keeps working in Venezuela amid tensions with U.S.
• Negative Sentiment: Some sanctioned oil vessels are diverting from Venezuela after threats of a blockade, indicating potential logistical and export disruptions tied to the geopolitical situation that could indirectly affect Chevron’s Venezuela operations. Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade

About Chevron

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.