Chevron (CVX) Expected to Announce Earnings on Friday

Chevron (NYSE:CVX) is expected to release its Q4 2025 results before the market opens on Friday, January 30th. Analysts expect the company to announce earnings of $1.54 per share and revenue of $48.1828 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Friday, January 30, 2026 at 11:00 AM ET.

Chevron (NYSE:CVX) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The business had revenue of $48.17 billion for the quarter, compared to analysts’ expectations of $46.99 billion. During the same quarter in the prior year, the firm earned $2.48 earnings per share. The firm’s revenue was down 1.9% on a year-over-year basis. On average, analysts expect Chevron to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Chevron Trading Down 0.2%

Shares of CVX stock opened at $166.42 on Friday. The business has a 50-day moving average price of $154.34 and a two-hundred day moving average price of $154.68. Chevron has a 12-month low of $132.04 and a 12-month high of $169.37. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The firm has a market cap of $335.09 billion, a P/E ratio of 23.41, a price-to-earnings-growth ratio of 10.91 and a beta of 0.70.

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 $1.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a yield of 4.1%. Chevron’s payout ratio is presently 96.20%.

Insider Activity

In related news, CEO Michael K. Wirth sold 320,700 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at $2,355,205.50. This trade represents a 95.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Eimear P. Bonner sold 28,334 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $165.05, for a total value of $4,676,526.70. Following the transaction, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at $720,608.30. The trade was a 86.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 635,190 shares of company stock valued at $100,254,408. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CVX. Danske Bank A S purchased a new position in shares of Chevron in the 3rd quarter valued at approximately $10,281,000. KDT Advisors LLC raised its holdings in Chevron by 7.3% in the third quarter. KDT Advisors LLC now owns 4,357 shares of the oil and gas company’s stock worth $677,000 after purchasing an additional 295 shares in the last quarter. Greenline Partners LLC raised its holdings in Chevron by 14.7% in the third quarter. Greenline Partners LLC now owns 31,086 shares of the oil and gas company’s stock worth $4,827,000 after purchasing an additional 3,985 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its position in Chevron by 10.9% during the third quarter. Financial Engines Advisors L.L.C. now owns 11,720 shares of the oil and gas company’s stock valued at $1,820,000 after buying an additional 1,150 shares during the period. Finally, Abel Hall LLC boosted its holdings in shares of Chevron by 19.8% during the 3rd quarter. Abel Hall LLC now owns 3,859 shares of the oil and gas company’s stock valued at $599,000 after buying an additional 639 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on CVX shares. JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target on the stock in a research report on Tuesday. Morgan Stanley increased their target price on shares of Chevron from $177.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Bank of America decreased their target price on shares of Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Hsbc Global Res raised shares of Chevron from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Finally, Wall Street Zen cut Chevron from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $170.29.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is moving to exit Singapore refining/distribution assets, expected to close the sale of its 50% stake in Singapore Refining Company in Q1; the deal supports management’s push to redeploy capital into higher-margin upstream and energy-transition projects. Exclusive: Chevron plans to finalise Singapore oil assets sale in Q1, sources say
• Positive Sentiment: Multiple outlets report the same Singapore sale timeline, reinforcing the likelihood the deal will close soon — this reduces downstream exposure and could improve ROIC metrics. Chevron Plans to Conclude Sale of Singapore Assets by Q1 FY26
• Positive Sentiment: Analyst upgrades and target increases (JPMorgan upgrade; Scotiabank raised target to $168) are lifting sentiment and could support the stock — these changes reflect conviction in Chevron’s cash returns, post-merger scale and upstream catalysts. Chevron Stock Rating Upgraded by JPMorgan Chase & Co. Scotiabank raises CVX target to $168
• Positive Sentiment: Discussions with Turkey’s state firm on joint oil & gas exploration point to additional upstream growth optionality and geographic diversification that investors may view as a medium-term catalyst. Chevron and Turkey in Talks for Joint Oil & Gas Exploration
• Positive Sentiment: Bullish retail/analyst narratives (e.g., “3 Reasons to Buy Chevron”) emphasize a strong balance sheet, attractive dividend yield and integrated business — supportive for income-oriented investors. 3 Reasons to Buy Chevron Stock Like There’s No Tomorrow
• Neutral Sentiment: Valuation and catalyst pieces highlight constructive upstream developments (Leviathan expansion, Venezuela progress, Hess merger benefits) but note mixed near-term earnings impact; these are discussion items rather than immediate drivers. Chevron (CVX) Valuation Check After Leviathan Expansion, Venezuela Progress And Post Hess Merger Upgrades
• Neutral Sentiment: Curated lists and comparison stories (Dogs of the Dow, Chevron vs. Petrobras) keep CVX on investors’ radar for yield and geopolitical exposure but are not immediate price catalysts. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Negative Sentiment: Broader market/geopolitical jitters (holiday-shortened session, international tensions) have pressured energy names and contributed to today’s pullback; macro headlines can outweigh company-level positives in the short term. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead

Chevron Company Profile

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.