Insider Selling: Chevron (NYSE:CVX) Insider Sells 40,200 Shares of Stock

Chevron Corporation (NYSE:CVX) insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the transaction, the insider directly owned 8,638 shares in the company, valued at $1,842,485.40. This represents a 82.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

R. Hewitt Pate also recently made the following trade(s):

• On Friday, March 6th, R. Hewitt Pate sold 47,200 shares of Chevron stock. The shares were sold at an average price of $192.12, for a total value of $9,068,064.00.
• On Friday, February 27th, R. Hewitt Pate sold 35,475 shares of Chevron stock. The stock was sold at an average price of $186.06, for a total transaction of $6,600,478.50.
• On Monday, March 2nd, R. Hewitt Pate sold 58,000 shares of Chevron stock. The stock was sold at an average price of $188.65, for a total transaction of $10,941,700.00.
• On Friday, January 30th, R. Hewitt Pate sold 41,134 shares of Chevron stock. The stock was sold at an average price of $176.40, for a total transaction of $7,256,037.60.

Chevron Stock Up 1.3%

NYSE CVX traded up $2.65 during trading hours on Thursday, hitting $200.06. The company’s stock had a trading volume of 3,815,541 shares, compared to its average volume of 13,111,735. The company has a market capitalization of $399.19 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 1.72 and a beta of 0.59. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $214.71. The company’s 50-day simple moving average is $187.86 and its two-hundred day simple moving average is $166.20.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.06 EPS. Research analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.6%. Chevron’s payout ratio is 106.91%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Argus set a $203.00 target price on Chevron in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. raised 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, January 20th. UBS Group reiterated a “buy” rating and set a $212.00 price target on shares of Chevron in a research note on Monday, February 2nd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $190.00 target price on shares of Chevron in a research report on Monday, February 2nd. Fourteen analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Chevron presently has a consensus rating of “Hold” and an average price target of $186.50.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron made a final investment decision on the Aseng gas project in Equatorial Guinea, which adds long‑term upstream/gas value and future cash flow potential. Chevron makes final investment decision in Equatorial Guinea’s Aseng gas project
• Positive Sentiment: Chevron, Microsoft and Engine No. 1 signed an exclusivity agreement on power supply for a potential $7B Texas power project — a move that could secure a large, long‑duration customer and de‑risk a major low‑carbon power initiative. Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
• Positive Sentiment: Analyst optimism is rising — Morgan Stanley raised its CVX price target to $212 and Zacks upgraded the stock to a Buy, both of which can support demand and lift sentiment. Chevron (CVX) Price Target Raised to $212 Chevron (CVX) Upgraded to Buy
• Neutral Sentiment: Chevron scheduled its 1Q 2026 earnings call for May 1 — investors will focus on guidance, LNG updates and capital allocation comments at the event. Advisory: Chevron Corporation’s 1Q 2026 Earnings Conference Call and Webcast
• Neutral Sentiment: Chevron announced senior leadership changes and continued business development (e.g., a partnership with Libya’s NOC) — these are strategic but will affect valuation only if they alter production or capital plans. Chevron Partners With Libya’s NOC to Unlock Offshore Potential Chevron Announces Senior Leadership Changes
• Negative Sentiment: Wheatstone LNG remains offline after cyclone damage, tightening Chevron’s LNG supply and creating near‑term earnings and delivery risk for contracted volumes. Wheatstone LNG Outage Tests Chevron Valuation And Earnings Resilience
• Negative Sentiment: Macro/geopolitical headlines are driving volatility — reports that Iran may seek to end hostilities unwound the oil risk premium and triggered a sharp intraday selloff in U.S. oil majors, with CVX falling alongside peers. This remains the primary driver of short‑term share moves. Exxon Mobil and Chevron Fall 5%: What Iran’s President Just Did to U.S. Oil Stocks

Institutional Investors Weigh In On Chevron

Several hedge funds and other institutional investors have recently modified their holdings of CVX. Core Wealth Advisors LLC bought a new position in Chevron in the 4th quarter worth about $26,000. Phillip James Consulting Co. purchased a new position in shares of Chevron during the fourth quarter worth about $26,000. Basso Capital Management L.P. bought a new position in shares of Chevron in the fourth quarter worth approximately $27,000. Karpus Management Inc. bought a new position in shares of Chevron in the fourth quarter worth approximately $27,000. Finally, Quattro Advisors LLC purchased a new stake in Chevron in the fourth quarter valued at approximately $27,000. 72.42% of the stock is currently owned by institutional investors.

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.