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Chevron (CVX) Rises As Market Takes a Dip: Key Facts

Zacks Investment Research·
Chevron (CVX) Rises As Market Takes a Dip: Key Facts

Chevron (CVX) closed at $217.59, up 2.55%, outperforming the S&P 500's 0.45% decline. The stock has gained 4.67% over the past month. The company is forecasted to report Q3 EPS of $4.89 (up 164.32% YoY) and revenue of $55.07 billion (up 10.74% YoY). For the full year, Chevron is expected to earn $16.51 per share with revenue of $228.85 billion. The stock carries a Zacks Rank of #3 (Hold) with a Forward P/E of 12.85, trading at a premium to its industry average.

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