SkyOak Wealth LLC Has $1.96 Million Stake in Chevron Corporation $CVX

SkyOak Wealth LLC lifted its holdings in Chevron Corporation (NYSE:CVX) by 97.4% during the 3rd quarter, Holdings Channel reports. The fund owned 12,637 shares of the oil and gas company’s stock after acquiring an additional 6,235 shares during the quarter. SkyOak Wealth LLC’s holdings in Chevron were worth $1,962,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CVX. Quaker Wealth Management LLC boosted its stake in Chevron by 197.7% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 439 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Chevron by 86.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 118 shares during the last quarter. IMG Wealth Management Inc. lifted its position in Chevron by 52.3% during the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock worth $38,000 after buying an additional 91 shares in the last quarter. GFG Capital LLC bought a new stake in Chevron during the 2nd quarter worth about $42,000. Finally, LFA Lugano Financial Advisors SA increased its position in Chevron by 106.7% in the 2nd quarter. LFA Lugano Financial Advisors SA now owns 310 shares of the oil and gas company’s stock valued at $44,000 after acquiring an additional 160 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CVX shares. Sanford C. Bernstein upped their target price on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a research report on Monday. Wells Fargo & Company upped their price objective on Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Citigroup dropped their target price on Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a research report on Monday. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $160.00 price target (down previously from $170.00) on shares of Chevron in a research note on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $166.90.

Insider Buying and Selling

In related news, insider Alana K. Knowles sold 7,956 shares of the 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 $1,313,137.80. Following the sale, the insider directly owned 1,207 shares in the company, valued at $199,215.35. This trade represents a 86.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 directly owned 1,128,045 shares in the company, valued at $170,052,783.75. The trade was a 19.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 631,990 shares of company stock valued at $99,716,808. Insiders own 0.21% of the company’s stock.

Chevron Price Performance

CVX opened at $155.20 on Thursday. The company has a fifty day moving average price of $152.10 and a two-hundred day moving average price of $153.27. The firm has a market capitalization of $312.50 billion, a PE ratio of 21.83, a P/E/G ratio of 9.80 and a beta of 0.70. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $168.96. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $46.99 billion. During the same period last year, the company earned $2.48 EPS. The firm’s revenue was down 1.9% on a year-over-year basis. As a group, analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current 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 given a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Tuesday, November 18th. Chevron’s payout ratio is presently 96.20%.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in talks with the U.S. government to expand a license to operate in Venezuela, which could allow increased crude exports to Chevron’s refineries and third-party sales — a direct, near‑term revenue upside if approved. Exclusive: Chevron in talks with US government for expanded Venezuela license, sources say
• Positive Sentiment: Reports say Chevron and Quantum Energy Partners are lining up a bid for roughly $22B of Lukoil’s international assets — a strategic acquisition that could expand Chevron’s upstream footprint and asset base if sanctioned‑asset deals clear regulatory review. Chevron, Quantum Energy Partners line up bid for $22 billion of Lukoil assets, FT reports
• Positive Sentiment: Analysts and sector writeups continue to highlight Chevron’s unique refining capability on the U.S. Gulf Coast to process heavy Venezuelan crude — a structural advantage that underpins the bullish narrative if Venezuelan barrels flow. Why Chevron’s Venezuela Exposure Puts CVX Stock in Play for 2026
• Neutral Sentiment: Unusually large options activity has been flagged on CVX — this can amplify intraday moves but doesn’t by itself change fundamentals; it’s a sign of traders positioning for continued volatility. Chevron Target of Unusually Large Options Trading (NYSE:CVX)
• Neutral Sentiment: Shipping data shows Chevron’s Venezuelan exports flowing while others pause — operationally supportive but still subject to sanction and buyer uncertainties. Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data
• Negative Sentiment: Large insider sales were disclosed: CFO Eimear Bonner and director Alana Knowles sold sizable positions at about $165 per share on Jan. 5 — these exits can signal near‑term selling pressure and dent investor confidence. SEC Form 4 (Eimear P. Bonner) Alana K. Knowles insider sale
• Negative Sentiment: Analyst warnings and downgrades have emerged: Freedom Capital downgraded CVX to “strong sell,” and some brokers/notes caution that Venezuelan upside is uncertain and will take years, pressuring sentiment after the quick rally. Freedom Capital downgrade via Zacks
• Negative Sentiment: Market commentary (MarketWatch/Forbes/Seeking Alpha) emphasizes operational, legal and investment hurdles in Venezuela — a reality check that has driven short‑term profit taking and greater risk aversion. Chevron’s stock falls as the market gets a reality check on Venezuela

Chevron 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.