Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Our AI scores Chevron Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Chevron Corp is a mega-cap company with a market capitalization of $420.07B. It ranks number 1 by market capitalization among the 15 Petroleum Refining issuers in our coverage with a current forecast. Its P/E Ratio of 15.59x is the highest of the 12 peers that report one. Its D/E Ratio of 0.69x is the lowest of the 13 peers that report one.
For CVX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, CVX included.
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Petroleum Refining peers listed below that report each metric.
| Metric | CVX | Rank |
|---|---|---|
| Market Cap | $420.07B | 1/15 |
| P/E Ratio | 15.59x | 1/12 |
| P/B Ratio | 2.16x | 8/10 |
| Dividend Yield | 3.31% | 1/8 |
| EPS | $13.64 | – |
| Book Value/Share | $98.36 | – |
| Revenue/Share | $118.10 | – |
| FCF/Share | $17.25 | – |
| Metric | CVX | Rank |
|---|---|---|
| ROE | 13.9% | 8/9 |
| ROA | 8.1% | 7/11 |
| Gross Margin | 45.7% | 3/12 |
| Net Margin | 11.6% | 3/11 |
| EBT Margin | 17.7% | 3/12 |
| Tax Rate | 27.8% | – |
| Metric | CVX | Rank |
|---|---|---|
| Current Ratio | 1.34x | 6/13 |
| Quick Ratio | 1.07x | 5/12 |
| D/E Ratio | 0.69x | 13/13 |
| Financial Leverage | 1.72x | 10/10 |
| Working Capital | $14.30B | 2/13 |
| Metric | CVX | Rank |
|---|---|---|
| Operating Cash Flow | $51.95B | 3/14 |
| Free Cash Flow | $34.07B | 1/8 |
| Capital Spending | -$17.88B | 7/8 |
| OCF Growth YoY | 63.1% | 6/10 |
| FCF Growth YoY | 120.9% | 3/5 |
| FCF/Sales | 14.6% | 2/8 |
| CapEx/Sales | 7.7% | 3/8 |
| Metric | CVX | Rank |
|---|---|---|
| Asset Turnover | 0.70x | 10/11 |
| Receivables Turnover | 10.0x | 10/12 |
| Inventory Turnover | 11.1x | 10/12 |
| Fixed Assets Turnover | 1.1x | 12/13 |
| Days Sales Outstanding | 37 days | 3/12 |
| Days Inventory | 33 days | 3/12 |
| Payables Period | 77 days | 2/9 |
| Cash Conversion Cycle | -8 days | 6/7 |
| Metric | CVX | Rank |
|---|---|---|
| Total Revenue | $233.33B | 3/14 |
| Net Income | $26.98B | 1/11 |
| SG&A Expense | $5.10B | 1/9 |
| Cost of Goods Sold | $126.75B | 5/12 |
| Metric | CVX | Rank |
|---|---|---|
| Dividends Per Share | $7.04 | – |
| Payout Ratio | 51.6% | 1/8 |
| Shares Outstanding | 1976M | – |
| Net Income Growth | 111.3% | 3/8 |
| EPS Growth | 91.8% | 4/8 |
| Total Current Assets | $56.13B | 17.1% of assets |
| Cash & Short-term Investments | $13.92B | 4.2% of assets |
| Accounts Receivable | $23.40B | 7.1% of assets |
| Inventory | $11.39B | 3.5% of assets |
| Total Liabilities | $133.81B | 40.8% of assets |
| Short-term Debt | $14.96B | 4.6% of assets |
Companies classified under the same SEC industry code as Chevron Corp (Petroleum Refining): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CVX Chevron Corp | $420.07B | |
| COP Conocophillips | $163.71B | |
| BP Bp Plc | $114.95B | |
| MPC Marathon Petroleum Corp | $105.96B | |
| EQNR Equinor Asa | $104.99B | |
| VLO Valero Energy Corp/Tx | $96.62B | |
| PSX Phillips 66 | $95.85B | |
| IMO Imperial Oil Ltd | $60.37B | |
| YPF Ypf Sociedad Anonima | $15.21B | |
| SUN Sunoco Lp | $8.45B | |
| PBF Pbf Energy Inc. | $8.16B | |
| DK Delek Us Holdings, Inc. | $3.92B | |
| CVI Cvr Energy Inc | $3.83B | |
| IEP Icahn Enterprises L.P. | $3.38B | |
| SUNC Sunococorp Llc | $3.14B |
Thursday, November 5, 2026 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Berkshire ...
Chevron Corp. CVX reported stronger-than-expected third-quarter earnings on Friday as disruptions to global fuel supplies ...
Chevron is set to report its fiscal Q3 earnings on Oct. 30. Options data signals potential for a post-earnings rally in CVX shares.
Our AI scores Chevron Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
For CVX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Chevron Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
15 issuers in our coverage, CVX included, share the SEC industry code Petroleum Refining. The largest are: Conocophillips (COP), Bp Plc (BP), Marathon Petroleum Corp (MPC), Equinor Asa (EQNR), Valero Energy Corp/Tx (VLO), Phillips 66 (PSX).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
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