Chevron (NYSE:CVX) Stock Price Down 1.8% – Time to Sell?

Chevron Corporation (NYSE:CVX)’s share price traded down 1.8% on Thursday . The company traded as low as $182.09 and last traded at $182.4590. 9,641,796 shares traded hands during trading, a decline of 25% from the average session volume of 12,879,064 shares. The stock had previously closed at $185.82.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron won a prized Sirte Basin block in Libya, marking a material expansion into a high‑reserve basin and helping drive recent upside in the stock. Chevron to enter Libya after winning bid for prized Sirte Basin block
• Positive Sentiment: Venezuela plans to grant more oil‑drilling blocks to Chevron (and Repsol), potentially increasing future production exposure if terms are finalized. Venezuela to grant more oil drilling blocks to Chevron, Repsol
• Positive Sentiment: Chevron has publicly confirmed processing Venezuelan crude at a Gulf Coast refinery after recent political developments, unlocking incremental crude flows and short‑term refinery margins. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Chevron’s Permian scale (reported ~1M boe/d) and AI-driven efficiency gains are cited as strengthening free cash flow and margin resilience—supporting long‑term cash generation. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Chevron raised its quarterly dividend by ~4.09% (to $1.78), supporting income investor demand. Chevron Dividend Increase By 4.09%
• Neutral Sentiment: Ongoing media coverage and executive interviews (Fox Business segments/YouTube) highlight the Venezuela activity but add no new deal details—amplifying awareness more than fundamentals. ‘EXCITING TIME’: Chevron exec taps into the benefits from Venezuelan oil
• Neutral Sentiment: Multiple bullish analyst/commentary pieces (Barron’s, The Motley Fool) argue Chevron’s setup is attractive, but these are thematic views rather than new corporate announcements. I Said I’d Buy Chevron Over ConocoPhillips in 2026…
• Negative Sentiment: A CTO sale of 5 shares was disclosed (SEC Form 4); size is immaterial but can be cited by short‑term traders as a selling signal. SEC Form 4 – Thomas Ryder Booth sale
• Negative Sentiment: After strong recent gains (Libya/Venezuela news), the stock is seeing profit‑taking and lower volume; investors may be pausing for clarity on deal terms, timelines and geopolitical/regulatory risk, pressuring the price today.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Morgan Stanley lowered their price target on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, January 21st. Scotiabank reissued a “sector perform” rating and issued a $168.00 price target on shares of Chevron in a research note on Friday, January 16th. Barclays raised their price objective on shares of Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. Finally, Jefferies Financial Group upped their target price on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Twelve research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $175.00.

Chevron Stock Down 1.8%

The firm has a market cap of $367.39 billion, a PE ratio of 27.40, a PEG ratio of 12.25 and a beta of 0.70. The stock has a 50 day simple moving average of $161.23 and a 200-day simple moving average of $157.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the previous year, the firm earned $2.06 EPS. Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. Sell-side analysts predict that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. The ex-dividend date is Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. Chevron’s dividend payout ratio is currently 106.91%.

Insiders Place Their Bets

In other news, Vice Chairman Mark A. Nelson sold 45,800 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $174.17, for a total transaction of $7,976,986.00. Following the transaction, the insider directly owned 7,161 shares of the company’s stock, valued at $1,247,231.37. This represents a 86.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the sale, the chief financial officer directly owned 4,366 shares in the company, valued at $764,093.66. This trade represents a 88.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 793,163 shares of company stock worth $127,920,502. 0.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Chevron

Large investors have recently added to or reduced their stakes in the stock. Core Wealth Advisors LLC bought a new position in Chevron during the fourth quarter valued at $26,000. Quaker Wealth Management LLC lifted its holdings in shares of Chevron by 197.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after acquiring an additional 439 shares during the last quarter. Strategic Wealth Advisors LLC bought a new stake in shares of Chevron in the 4th quarter worth about $33,000. Decker Retirement Planning Inc. purchased a new position in shares of Chevron during the 3rd quarter worth about $34,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Chevron by 86.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Company 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.