OLD Dominion Capital Management Inc. increased its stake in Chevron Corp.by 1.3% in the first quarter. For the next 5 years, Fifth Street Finance Corp.is expecting Growth of 1.55% per annum, whereas in the past 5 years the growth was -7.96% per annum. Global data center service provider CyrusOne Inc.
Several other brokerages have also commented on CVX. Most recent session's volume of 12.34 million shares greater than its average volume of 6.5 million shares.
Dhaka sees the gas fields, which account for more than half of the country's production, as a matter of "national interest" and a purchase is on the table, said Istiaque Ahmad, chairman of Petrobangla, the state-owned oil and gas company, on October 20.
Shares of Chevron Corp. Insiders own 0.40% of the company's stock. RPg Family Wealth Advisory LLC raised its stake in shares of Chevron Corp.by 14.5% in the first quarter. However the company observed 52 week high price on 07/14/16 and witnessed 52 week low price on 01/20/16. 12,340,755 shares of the company were exchanged. The Market Capitalization of the company stands at 797.23 Million. The stock traded between $103.78 and $105.46 before closing at the price of $104.75 with 0.9% change on the day.
Chevron Corp. had a negative net margin of 1.34% and a positive return on equity of 0.58%. The company's revenue was down -12.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.09 EPS.
Analysts also projected the Maximum, Minimum and Mean Earnings per share Estimate for Next Quarter.
Recent Sales Surprise: During the recent quarter period Quarter Ending Sep-16, the company declared sales of $30,140.00M.
Research analysts at Jefferies Group decreased their Q4 2016 earnings per share (EPS) estimates for Chevron Corp.in a research report issued on Monday. The company is expected to release $0.67 EPS for current quarter according to 19 analysts whereas the company reported $0.26 EPS during same quarter a year ago.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Investors of record on Friday, November 18th will be given a dividend of $1.08 per share. The ex-dividend date is Wednesday, November 16th. This represents a $4.32 annualized dividend and a dividend yield of 4.12%. This is an increase from Chevron Corp.'s previous quarterly dividend of $1.07.
A number of analysts have recently weighed in on the stock.
Sell side analysts that regularly cover the stock have provided price targets and recommendations on Chevron Corporation (NYSE:CVX). Chevron Corporation makes up approx 3.44% of Private Asset Management Inc's portfolio.Cullinan Associates Inc boosted its stake in CVX in the latest quarter, The investment management firm added 2,545 additional shares and now holds a total of 100,348 shares of Chevron Corporation which is valued at $10,258,576. Both the RSI indicator and target price of 62.01 and $111.46 respectively, lead us to believe that it should be put on hold over the coming weeks. Mean (EPS) target is set at $1.29. Nine analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Chevron Corporation (NYSE:CVX)'s highest estimates of price target are $125.00 and low forecast is $85.00 based on the opinion of 24 analysts.