Chevron Corp.
CVX
Market Cap$305.59B
Close$
Earnings Call Q4 2023
February 2, 2024 - AI Summary
Chevron reported solid results for the fourth quarter of 2023, with adjusted earnings of $6.5 billion or $3.45 per share.
The company achieved a record production level in 2023 and expects production to grow by 4% to 7% in 2024.
Chevron plans to continue building its drilled but uncompleted (DUC) inventory in the Permian Basin before adding an additional completion crew in the second half of the year.
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$275.05
68.7% upside
Current Fair Value
68.7% upsideUndervalued by 68.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $305.59 Billion |
|---|---|
| Enterprise Value | $321.14 Billion |
| Dividend Yield | $6.066 (3.67%) |
| Earnings per Share | $10.87 |
| Beta | 0.39 |
| Outstanding Shares | 1,847,009,033 |
| Avg 30 Day Volume | 7,709,368 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.06 |
|---|---|
| PEG | -92.25 |
| Price to Sales | 1.55 |
| Price to Book Ratio | 1.9 |
| Enterprise Value to Revenue | 1.65 |
| Enterprise Value to EBIT | 10.91 |
| Enterprise Value to Net Income | 15 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.14 |
Revenue Sources
No data
ESG Score
No data