Kercheville Advisors LLC Purchases New Position in Chevron Corporation $CVX

Kercheville Advisors LLC acquired a new position in Chevron Corporation (NYSE:CVX) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,551 shares of the oil and gas company’s stock, valued at approximately $1,483,000.

Several other large investors have also bought and sold shares of CVX. Capstone Capital LLC grew its holdings in shares of Chevron by 7.8% during the 3rd quarter. Capstone Capital LLC now owns 1,639 shares of the oil and gas company’s stock worth $255,000 after acquiring an additional 119 shares during the period. Motco lifted its stake in shares of Chevron by 1.0% in the 3rd quarter. Motco now owns 64,647 shares of the oil and gas company’s stock valued at $10,039,000 after purchasing an additional 611 shares during the period. River Street Advisors LLC boosted its position in shares of Chevron by 2.4% during the third quarter. River Street Advisors LLC now owns 9,090 shares of the oil and gas company’s stock valued at $1,412,000 after purchasing an additional 213 shares in the last quarter. Family Investment Center Inc. grew its stake in Chevron by 17.4% in the third quarter. Family Investment Center Inc. now owns 1,993 shares of the oil and gas company’s stock worth $309,000 after purchasing an additional 296 shares during the period. Finally, TriaGen Wealth Management LLC grew its stake in Chevron by 165.7% in the third quarter. TriaGen Wealth Management LLC now owns 32,991 shares of the oil and gas company’s stock worth $5,123,000 after purchasing an additional 20,576 shares during the period. 72.42% of the stock is owned by institutional investors.

Chevron Stock Performance

Shares of CVX stock opened at $163.84 on Tuesday. The company has a market capitalization of $329.90 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 9.76 and a beta of 0.70. 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 Corporation has a one year low of $132.04 and a one year high of $168.96. The company’s 50-day moving average is $152.05 and its 200 day moving average is $153.20.

Chevron (NYSE:CVX) last issued its 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 net margin of 6.57% and a return on equity of 8.74%. The business had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. During the same period in the previous year, the company earned $2.48 earnings per share. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. Sell-side analysts expect that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Announces Dividend

The firm also recently disclosed 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 of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.2%. Chevron’s dividend payout ratio is 96.20%.

Insider Buying and Selling

In other Chevron news, Director John B. Hess sold 275,000 shares of the stock in a transaction 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 sale, the director directly owned 1,128,045 shares in the company, valued at approximately $170,052,783.75. This trade represents a 19.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on CVX shares. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 price target (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. Piper Sandler lowered their price target on shares of Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. HSBC set a $169.00 price objective on shares of Chevron and gave the stock a “buy” rating in a report on Monday, December 1st. Finally, Bank of America decreased their target price on shares of Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $166.90.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: U.S. intervention and White House statements raising the prospect of renewed U.S. access to Venezuelan oil have pushed Chevron into a favored position as the only major U.S. operator still active there. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Positive Sentiment: Chevron already runs projects and exports from Venezuela and owns Gulf Coast refining capacity well suited to heavy, sour Venezuelan crude — a strategic integration advantage if flows resume. Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage
• Positive Sentiment: Market action: heavy call‑option buying and sharp premarket/intraday buying in oil names lifted Chevron and contributed to broader gains (helping the Dow reach record levels). Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil
• Neutral Sentiment: Some analysts remain constructive but cautious — Citigroup trimmed its price target (keeps a Buy) and broader street ratings are mixed; the rally has attracted both buy recommendations and “wait for consolidation” notes.
• Negative Sentiment: Significant execution risk and timelines: rebuilding Venezuela’s dilapidated oil infrastructure will take years and billions, so any revenue/earnings upside is likely long‑dated. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Negative Sentiment: Policy/coordination uncertainty: reports say the administration didn’t consult majors before the operation, leaving questions about contracts, timing and legal/regulatory frameworks for U.S. companies. Trump administration has not consulted US oil majors about Venezuela, oil execs say
• Negative Sentiment: Technicals and economics: some technical indicators show the move is overbought and crude prices remain below levels that would meaningfully boost near‑term margins, increasing risk of a pullback.

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.