CVX — Chevron Corp

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates CVX Bullish with a Setup Score of 27, net conviction 32, actionability 22. How the Setup Score works →

Total Setup Score27
Directional BiasBullish
Net Conviction32
Actionability22 (in range)

Key signals behind this score

About Chevron Corp

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$200.21
Market Cap$403.64B
Float1.87B
Shares Outstanding1.96B
P/E (Forward)13.42
P/E (TTM)19.80
Price/Sales (TTM)1.93
vs. Analyst Target+8.8% to analyst PT
Profit Margin9.83%
Operating Margin (TTM)21.87%
Revenue (TTM)$209.38B
Earnings Growth (YoY)321.90%
Dividend Rate7.1%
Analyst Target Price$217.88 (25 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $94.47B -$5.54B $22.82B $10.44B
2021 $155.61B $15.63B $45.43B $39.36B
2022 $246.25B $35.47B $73.98B $66.49B
2023 $196.91B $21.37B $60.39B $47.81B
2024 $193.41B $17.66B $56.93B $45.81B
2025 $184.43B $12.30B $56.09B $41.42B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $48.17B $3.54B
Dec 2025 $45.79B $2.77B
Mar 2026 $47.56B $2.21B
Jun 2026 $67.20B $12.07B

Ownership & Float

Insider Ownership4.8%
Institutional Ownership71.1%
Short Float1.1%
% of All Funds Holding46.53%
Number of Funds Holding4,093

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$188.77Near-term / short-term trend
Weekly40-Week SMA$181.04Medium-term trend
Weekly80-Week SMA$165.97Cyclical trend (business cycle)
Weekly200-Week SMA$161.30Secular trend (multi-year)
Monthly10-Month SMA$181.27Near-term monthly trend
Monthly20-Month SMA$166.45Medium-term monthly trend
Monthly40-Month SMA$160.43Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$153.00 support 1.34x 6 months ago
$144.00 support 1.44x 12 months ago

Historical Earnings Reactions (124 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.23% -0.07% 42.74% 2.24% -5.47%
1 Day -0.26% -0.01% 46.77% 4.68% -9.64%
1 Week 0.45% 0.68% 58.06% 14.24% -10.60%
2 Weeks 0.81% 0.78% 59.68% 28.00% -15.31%
1 Month 0.99% 0.66% 53.66% 29.21% -15.81%

Next earnings: October 19, 2026 (53 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.2%45.1%51
Feb1.0%62.7%51
Mar2.9%72.5%51
Apr2.9%68.6%51
May-0.4%51.0%51
Jun-0.5%49.0%51
Jul1.2%56.9%51
Aug0.2%46.0%50
Sep0.6%58.0%50
Oct0.6%48.0%50
Nov1.1%56.0%50
Dec0.9%52.9%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.05% 51.0% 2397
Tuesday 0.08% 49.7% 2599
Wednesday 0.03% 47.9% 2600
Thursday 0.01% 48.7% 2550
Friday 0.06% 50.8% 2535

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 71.1%

Insider Transactions — Smart Summary

Total insider ownership: 4.8%

12-Month Insider Activity Summary

Total Filings44
Net Value-$145M
Net Shares Change-3,394,609
% of Float-0.2%
C-Suite Filings39
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
HESS JOHN B -$107M 1 2 sell
Wirth Michael K Chairman and CEO -$36.6M 2 2 sell
NELSON MARK A Vice Chairman -$15.6M 2 3 sell
Walz Andrew Benjamin President, DM&C -$2.3M 2 2 sell
GUSTAVSON JEFF B President, New Energies -$1.5M 2 2 sell
Pate R. Hewitt Chief Legal Officer -$506,618.736 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-01-07 – 2026-01-15 4 3 -$25.7M 4 C-suite
2026-01-30 – 2026-02-12 16 9 -$31.3M 16 C-suite
2026-02-17 – 2026-03-03 7 6 -$10.4M 7 C-suite
2026-03-04 – 2026-03-10 4 4 -$34.0M 4 C-suite
2026-08-05 – 2026-08-19 5 4 -$146M 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-05 HESS JOHN B -$107M Transaction at $153.11, now +30.8%
2026-08-07 Wirth Michael K Chairman and CEO -$1.0M Transaction at $187.00, now +7.1%
2026-08-20 Pate R. Hewitt Chief Legal Officer -$506,618.736 Transaction at $205.11, now -2.4%
2026-08-18 Wirth Michael K Chairman and CEO -$35.6M Transaction at $144.33, now +38.7%
2026-08-19 Walz Andrew Benjamin President, DM&C -$1.3M Transaction at $161.45, now +24.0%
2026-08-13 GUSTAVSON JEFF B President, New Energies -$1.1M Transaction at $156.75, now +27.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Chevron Corp (CVX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CVX on Trend Edge →