Chevron Corporation: A Solid Investment Despite Unfavorable Market Conditions
January 16, 2023
Trending News ☀️
Chevron Corporation Intrinsic Value – It has a diversified portfolio of upstream, downstream, and chemicals businesses and is one of the largest publicly traded companies in the United States. Although share prices of high-growth and tech companies had hit unprecedented highs in early 2021, Chevron ($NYSE:CVX) has been a solid investment despite the unfavorable market conditions. This is because investors that take a longer-term approach to investing recognize the value of Chevron’s integrated energy business and its strong management team. Chevron is well-positioned to benefit from global economic trends as the world moves toward cleaner energy sources. It also continues to invest in renewable fuels such as wind and solar, and has partnered with several tech companies to develop new technologies that can help reduce the environmental impact of its operations.
Chevron’s strong balance sheet and cash flow generate consistent and reliable returns for investors. It is also committed to returning excess capital to shareholders through a regular dividend program and share repurchases. Chevron has consistently delivered on its commitments to shareholders and its long-term strategy for growth. With its robust operational capabilities and competitive advantages, Chevron is a solid investment despite unfavorable market conditions. Its commitment to sustainable business practices and investing in clean energy sources make it an attractive option for investors looking for long-term returns.
Share Price
The company’s stock opened at $178.3 and closed at $175.2, down by 0.8% from the previous closing price of 176.6. This suggests that the company’s stock is still relatively stable amid market volatility. Despite its financial stability, news coverage on Chevron Corporation has been mostly negative. The company has been involved in a number of legal disputes, such as a lawsuit accusing it of polluting Ecuador’s Amazon rainforest and a case involving bribery in Nigeria. Despite these issues, the company’s stock prices have remained relatively steady.
Over the past five years, Chevron Corporation has made a number of significant investments in oil and gas exploration and production. This suggests that the company is confident in its ability to remain profitable in the long-term, regardless of short-term market fluctuations. Moreover, its recent acquisitions demonstrate its commitment to remaining a major player in the industry. Despite news coverage that has been mostly negative, the company’s stock prices have remained steady, and its commitment to long-term investments indicates it is confident in its ability to remain profitable in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Chevron Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 227.06k | 34.17k | 15.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Chevron Corporation. More…
| Operations | Investing | Financing |
| 9.5k | -1.4k | -8.31k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Chevron Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 259.74k | 100.11k | 78.45 |
Key Ratios Snapshot
Some of the financial key ratios for Chevron Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.0% | 40.2% | 20.9% |
| FCF Margin | ROE | ROA |
| 3.0% | 19.0% | 11.4% |
VI Analysis – Chevron Corporation Intrinsic Value Calculator
Chevron Corporation is a global energy corporation, and its fundamentals are a good indicator of its long term potential. To make the analysis easier, VI app has made it simpler to look into the company’s fundamentals. According to the app, the fair value of Chevron Corporation is around $179.4, which is calculated by VI Line. Currently, the stock is traded at $175.2, which is a fair price that is slightly undervalued by 2%. Therefore, investors should consider investing in Chevron Corporation for its long term outlook, as the company’s fundamentals are strong and reflect its potential for growth. Moreover, its stock price is slightly undervalued, making it a good investment option. With careful research and analysis of the company’s fundamentals, investors can judge if Chevron Corporation is the right choice for their portfolio. More…
VI Peers
The Chevron Corp competes with Exxon Mobil Corp, Occidental Petroleum Corp, and ConocoPhillips. All of these companies are in the business of exploring for, developing, and producing crude oil and natural gas. Chevron is one of the largest of the supermajor oil companies, with operations in more than 180 countries.
– Exxon Mobil Corp ($NYSE:XOM)
Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller’s Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). The world’s seventh largest company by revenue, ExxonMobil is also the seventh largest publicly traded company by market capitalization. The company ranked ninth globally in the Forbes Global 2000 list in 2014.
– Occidental Petroleum Corp ($NYSE:OXY)
Occidental Petroleum Corp is a large American oil and gas company with operations in the United States, the Middle East, and Latin America. The company has a market cap of 63.77B as of 2022 and a return on equity of 29.73%. Occidental Petroleum is one of the largest oil and gas companies in the world and is engaged in the exploration, production, and marketing of crude oil and natural gas. The company’s primary operations are in the United States, but it also has a significant presence in the Middle East and Latin America. Occidental Petroleum is a publicly traded company and its shares are listed on the New York Stock Exchange.
– ConocoPhillips ($NYSE:COP)
ConocoPhillips is an American multinational energy corporation with its headquarters in Houston, Texas. The company is engaged in the exploration, production, marketing, and transportation of crude oil, bitumen, natural gas, and liquefied natural gas. As of December 31, 2019, the company had estimated proved reserves of 8.4 billion barrels of oil equivalent.
ConocoPhillips has a market capitalization of $150.08 billion as of January 2021. The company’s return on equity was 30.9% for the year ended December 31, 2020.
ConocoPhillips is one of the world’s largest independent exploration and production companies, with operations in more than 30 countries. The company’s main business activities include the exploration, development, production, and marketing of crude oil, natural gas, and liquefied natural gas. ConocoPhillips also has a significant refining and marketing business.
Summary
Chevron Corporation is a major energy corporation with a presence in multiple countries. Despite unfavorable market conditions, the company remains a solid investment opportunity for those seeking stock exposure in the energy sector. Chevron has a strong track record of stability and reliable returns, making it an attractive option for long-term investors.
The company has a diverse range of business operations, including refining, exploration and production, trading, and marketing of oil and gas. Recent news coverage has largely been negative regarding Chevron’s financial performance, however, the company continues to grow in spite of the difficult market conditions.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
