US · CVX
Chevron Corporation
- Sector
- Energy · Oil & Gas Integrated
- Headquarters
- San Ramon, CA 94583-2324
- Website
- chevron.com
Price · as of 2025-12-31
$190.63
Market cap 373.38B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $162.90 | -14.55% |
| Intrinsic Value(DCF) | $93.35 | -51.03% |
| Graham-Dodd Method(GD) | $26.18 | -86.27% |
| Graham Formula(GF) | $30.14 | -84.19% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $61.66 | $99.39 | $27.70 | $80.11 | $410.53 |
| 2012 | $68.99 | $98.30 | $557.23 | $82.09 | $37.23 |
| 2013 | $69.24 | $96.55 | $10.99 | $72.76 | $41.69 |
| 2014 | $63.38 | $93.15 | $6.36 | $67.81 | $0.00 |
| 2015 | $61.84 | $70.66 | $0.00 | $27.40 | $0.00 |
| 2016 | $75.30 | $61.63 | $3.56 | $9.78 | $1.73 |
| 2017 | $83.01 | $75.26 | $0.00 | $35.90 | $143.41 |
| 2018 | $89.45 | $94.39 | $0.00 | $50.94 | $198.01 |
| 2019 | $73.08 | $83.39 | $0.00 | $10.62 | $0.00 |
| 2020 | $90.59 | $55.45 | $1.22 | $0.00 | $67.76 |
| 2021 | $145.53 | $116.03 | $102.43 | $31.38 | $571.78 |
| 2022 | $140.63 | $172.36 | $3,549.60 | $86.65 | $1,052.04 |
| 2023 | $137.48 | $145.87 | $1,356.35 | $49.68 | $0.00 |
| 2024 | $149.61 | $155.70 | $160.49 | $32.62 | $62.53 |
| 2025 | $189.60 | $162.90 | $29.36 | $26.18 | $30.14 |
AI valuation
Our deep-learning model estimates Chevron Corporation's (CVX) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $162.90
- Current price
- $190.63
- AI upside
- -14.55%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$93.35
-51.03% upside
Graham-Dodd
$26.18
-86.27% upside
Graham Formula
$30.14
-84.19% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CVX | Chevron Corporation | $190.63 | 373.38B | -15% | -51% | -86% | -84% | 30.23 | 2.02 | 2.02 | 9.33 | — | 2.07 | 18.38% | 5.86% | 6.58% | 7.37% | 3.82% | 4.30% | 0.25 | 9.00 | 1.15 | 1.76 | 0.98 | -3179.00% | -330.00% | 1029.00% | 4.40% | 1.02 | 9.15% | 3.38% | 102.10% | 6.52% | 35.00 | 23.11 | 2.05 | 3.31 |
| BP | BP p.l.c. | $38.86 | 16.99B | -4% | -43% | — | -100% | 1859.91 | 1.93 | 0.54 | 4.83 | — | 2.97 | 17.71% | 8.17% | 0.03% | 0.10% | 6.28% | 0.02% | 1.59 | 3.00 | 1.26 | 0.80 | 1.54 | -8543.00% | 8.00% | -585.00% | 11.02% | 0.30 | 11.48% | 4.95% | 9198.10% | 9.33% | 9.71 | 13.28 | 0.79 | 1.26 |
| CVE | Cenovus Energy Inc. | $22.31 | 42.09B | -30% | -59% | -52% | — | 14.73 | 1.83 | 1.17 | 6.95 | 51.26 | 2.02 | 10.46% | 8.82% | 7.91% | 12.80% | 9.25% | 6.55% | 0.54 | 9.39 | 1.57 | 0.98 | 1.38 | 2874.00% | -1398.00% | -1931.00% | 5.89% | 1.30 | 8.19% | 2.48% | 36.60% | 6.80% | 16.46 | 21.18 | 1.45 | 2.44 |
| EC | Ecopetrol S.A. | $11.89 | 24.44B | +324% | -24% | — | -76% | 4.45 | 0.86 | 0.54 | 3.17 | — | 1.15 | 35.14% | 28.85% | 10.38% | 19.90% | 12.92% | 5.53% | 1.43 | 4.53 | 1.53 | 0.86 | 1.90 | -2740.00% | -689.00% | 46397.00% | 45.34% | 1.08 | 18.14% | 23.42% | 104.20% | 23.47% | 4.60 | 5.43 | 1.33 | 1.36 |
| EQNR | Equinor ASA | $29.83 | 75.62B | +69% | +16% | — | -24% | 16.44 | 2.06 | 0.78 | 2.67 | — | 2.41 | 26.84% | 25.70% | 4.77% | 12.22% | 21.09% | 3.85% | 0.83 | 18.94 | 1.24 | 0.99 | 0.78 | -3730.00% | 356.00% | -2442.00% | 7.21% | 0.65 | 11.58% | 5.78% | 95.00% | 12.92% | 3.56 | 16.22 | 0.92 | 2.61 |
| PBR | Petróleo Brasileiro S.A. … | $16.63 | 107.17B | +90% | -53% | — | — | 5.12 | 0.66 | 0.43 | 3.34 | — | 0.68 | 50.29% | 28.10% | 8.23% | 11.05% | 14.77% | 3.81% | 1.02 | 8.08 | 0.69 | 0.42 | 2.08 | -7030.00% | -1338.00% | -2495.00% | 59.97% | 1.21 | 19.65% | 47.09% | 241.00% | 48.06% | 3.57 | 3.93 | 1.00 | 1.10 |
| SHEL | Shell plc | $83.51 | 239.68B | -8% | -59% | -51% | -83% | 13.87 | 1.42 | 0.93 | 6.08 | 73.13 | 1.68 | 16.67% | 11.51% | 6.68% | 10.14% | 8.06% | 4.72% | 0.60 | 6.58 | 1.30 | 0.91 | 1.40 | 1897.00% | -591.00% | -3781.00% | 8.80% | 0.50 | 9.38% | 3.42% | 47.50% | 9.56% | 10.47 | 14.78 | 1.21 | 2.56 |
| SU | Suncor Energy Inc. | $56.52 | 68.36B | -7% | -31% | -70% | -71% | 16.64 | 2.18 | 2.01 | 6.99 | 604.26 | 2.36 | 59.08% | 31.67% | 12.10% | 13.20% | 19.97% | 6.58% | 0.41 | 20.86 | 1.39 | 0.89 | 0.91 | 275.00% | -351.00% | -2699.00% | 7.03% | 1.25 | 11.98% | 2.85% | 47.50% | 6.03% | 7.30 | 16.35 | 2.31 | 2.85 |
| TTE | TotalEnergies SE | $80.34 | 178.92B | -17% | -44% | -69% | -60% | 13.34 | 1.59 | 0.96 | 6.00 | — | 2.35 | 11.49% | 11.49% | 7.20% | 11.74% | 9.08% | 4.74% | 0.53 | 5.16 | 0.97 | 0.52 | 0.99 | -1001.00% | -299.00% | -3219.00% | 5.93% | 0.31 | 7.57% | 4.64% | 61.90% | 9.04% | 9.82 | 19.80 | 1.13 | 1.52 |
| XOM | Exxon Mobil Corporation | $152.60 | 635.83B | -28% | -59% | -78% | -84% | 23.16 | 2.58 | 2.06 | 10.33 | — | 2.80 | 21.68% | 10.48% | 8.91% | 11.03% | 8.52% | 6.39% | 0.17 | 56.28 | 1.15 | 0.76 | 0.48 | -1454.00% | -452.00% | -2313.00% | 3.54% | 0.72 | 8.22% | 2.58% | 59.70% | 5.61% | 20.65 | 29.68 | 2.16 | 4.70 |
| YPF | YPF Sociedad Anónima | $35.39 | 13.89B | -6% | +59,622% | +22% | +2,429% | 7270.80 | 1.45 | 0.97 | 6.62 | — | 1.50 | 27.63% | 6.47% | 11.61% | 0.03% | 2.87% | 0.01% | 0.83 | 1.43 | 0.78 | 0.41 | 2.26 | -35671.00% | 22628.00% | -10630.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 22.31 | 54137.10 | 1.44 | 1.56 |
About Chevron Corporation
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
- CEO
- Michael K. Wirth
- Employees
- 45.3K
- Beta
- 0.67
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($93.35 ÷ $190.63) − 1 = -51.03% (DCF, example).