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Chevron (NYSE:CVX) will be releasing its Q114 earnings data on Friday, May 2nd. Analysts expect Chevron to post earnings of $2.51 per share and revenue of $54.47 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 31st. The company reported $2.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by $0.35. The company had revenue of $56.16 billion for the quarter, compared to the consensus estimate of $63.14 billion. During the same quarter in the previous year, the company posted $2.99 earnings per share. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. On average, analysts expect Chevron to post $10.88 EPS for the current fiscal year and $11.25 EPS for the next fiscal year.

Shares of Chevron (NYSE:CVX) opened at 125.52 on Thursday. Chevron has a one year low of $109.27 and a one year high of $127.83. The stock’s 50-day moving average is $119.2 and its 200-day moving average is $119.0. The company has a market cap of $239.6 billion and a P/E ratio of 11.36. Chevron also was the target of some unusual options trading on Tuesday. Stock investors acquired 10,996 put options on the company. This represents an increase of 153% compared to the average daily volume of 4,340 put options.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 10th. Shareholders of record on Monday, May 19th will be given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 3.41%.

CVX has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Chevron in a research note on Tuesday, April 8th. They set a “buy” rating and a $140.00 price target on the stock. They noted that the move was a valuation call. On the ratings front, analysts at BMO Capital Markets initiated coverage on shares of Chevron in a research note on Thursday, April 3rd. They set a “market perform” rating and a $125.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Cowen and Company initiated coverage on shares of Chevron in a research note on Wednesday, April 2nd. They set an “outperform” rating on the stock. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Chevron currently has an average rating of “Buy” and a consensus price target of $129.55.

Chevron Corporation (NYSE:CVX) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining activities, power generation and energy services.

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