Chevron Corporation with ticker code (CVX) have now 23 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 127 and 70 with the average target price sitting at 99.57. With the stocks previous close at 77.29 this indicates there is a potential upside of 28.8%. The 50 day moving average now sits at 85.1 and the 200 day MA is 86.12. The company has a market cap of $142,568m. You can visit the company’s website by visiting: http://www.chevron.com
Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production 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 and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. Chevron Corporation 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 headquartered in San Ramon, California.