Citizens National Bank Trust Department Purchases 4,310 Shares of Chevron Corporation $CVX

Citizens National Bank Trust Department grew its holdings in shares of Chevron Corporation (NYSE:CVX) by 8.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,199 shares of the oil and gas company’s stock after buying an additional 4,310 shares during the quarter. Chevron accounts for about 1.6% of Citizens National Bank Trust Department’s investment portfolio, making the stock its 15th biggest position. Citizens National Bank Trust Department’s holdings in Chevron were worth $8,882,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vishria Bird Financial Group LLC lifted its position in shares of Chevron by 1.2% during the third quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock worth $821,000 after purchasing an additional 65 shares during the last quarter. White Knight Strategic Wealth Advisors LLC increased its stake in Chevron by 3.0% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock worth $319,000 after buying an additional 65 shares during the period. Rakuten Securities Inc. lifted its holdings in Chevron by 7.4% during the 2nd quarter. Rakuten Securities Inc. now owns 961 shares of the oil and gas company’s stock valued at $138,000 after buying an additional 66 shares in the last quarter. Analyst IMS Investment Management Services Ltd. boosted its position in Chevron by 1.0% in the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 6,751 shares of the oil and gas company’s stock valued at $966,000 after buying an additional 67 shares during the period. Finally, M.E. Allison & CO. Inc. grew its stake in Chevron by 0.6% in the 3rd quarter. M.E. Allison & CO. Inc. now owns 11,204 shares of the oil and gas company’s stock worth $1,740,000 after acquiring an additional 67 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Insider Activity

In other Chevron news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total value of $41,456,250.00. Following the transaction, the director directly owned 1,128,045 shares of the company’s stock, valued at approximately $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $162.99, for a total value of $52,270,893.00. Following the transaction, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 631,990 shares of company stock valued at $99,716,808 in the last ninety days. 0.21% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CVX. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chevron in a research note on Thursday. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Barclays dropped their price target on Chevron from $160.00 to $158.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 7th. Bank of America decreased their price objective on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Finally, UBS Group reiterated a “buy” rating on shares of Chevron in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $167.14.

Chevron Trading Up 2.6%

Shares of NYSE CVX opened at $159.27 on Friday. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $168.96. The business has a fifty day moving average price of $152.22 and a 200 day moving average price of $153.31. The stock has a market capitalization of $320.70 billion, a P/E ratio of 22.40, a price-to-earnings-growth ratio of 9.72 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

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

Chevron Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were given a dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a yield of 4.3%. Chevron’s dividend payout ratio is presently 96.20%.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in talks with the U.S. government to expand its Venezuela license, which would allow higher exports to Chevron’s refineries and third-party sales — a direct path to increased volumes and earnings if approved. Exclusive: Chevron in talks with US government for expanded Venezuela license, sources say
• Positive Sentiment: Shipping data indicate Chevron is loading Venezuelan crude at the fastest pace in months and has contracted multiple tankers — evidence it can scale flows quickly if the license expands. Chevron Is Loading Venezuela Oil Onto Tankers at the Fastest Pace in Months
• Positive Sentiment: Chevron will meet with President Trump alongside other majors to discuss rebuilding Venezuela’s oil sector — a sign of potential political support that could unlock investment opportunities. Trump to Meet With Chevron and Other Oil Companies on Venezuela. What We Know.
• Positive Sentiment: Reports say Chevron and Quantum Energy Partners are lining up a bid for $22B of Lukoil’s international assets — a potential reserve/production lift and strategic international expansion. Chevron, Quantum Energy Partners line up bid for Lukoil assets
• Neutral Sentiment: Chevron is competing with traders and refiners for Venezuelan export deals — shows demand but also that margins and allocation could be contested. Chevron competes with rivals for Venezuelan oil sales, sources say
• Neutral Sentiment: U.S. Treasury commentary and FT reporting suggest the biggest oil firms may move cautiously and seek guarantees before big Venezuela investments — a timing/conditionality factor for upside. Bessent says largest oil companies are likely to move slower in Venezuela
• Neutral Sentiment: Increased retail/investor interest in energy is supporting momentum into names like Chevron, adding liquidity and short-term buying pressure. Retail traders move toward energy as momentum continues (CNBC)
• Negative Sentiment: Large insider sales disclosed (including CEO and CFO filings and other senior sales) may be interpreted as a negative signal or create near‑term selling pressure. SEC Form 4 filings — insider sales
• Negative Sentiment: An analyst trimmed CVX’s price target, reflecting some recalibration of upside after the run-up. Analyst trims Chevron price target to $179
• Negative Sentiment: Heightened political and reputational risk — public criticism from lawmakers and scrutiny over U.S. plans for Venezuela — raises regulatory and execution uncertainty. Elizabeth Warren comments on Venezuela plan

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.