Chevron (NYSE:CVX) posted its quarterly earnings data on Friday. The oil and gas company reported ($1.59) EPS for the quarter, missing the consensus estimate of ($0.93) by ($0.66), MarketWatch Earnings reports. The company had revenue of $13.95 billion during the quarter, compared to analysts’ expectations of $21.71 billion. Chevron had a return on equity of 8.28% and a net margin of 2.71%. The company’s revenue for the quarter was down 64.1% on a year-over-year basis. During the same quarter last year, the company earned $1.77 earnings per share.

Shares of CVX opened at $83.94 on Friday. Chevron has a fifty-two week low of $51.60 and a fifty-two week high of $125.27. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.78 and a current ratio of 1.01. The company’s fifty day moving average is $88.84 and its 200 day moving average is $92.49. The stock has a market capitalization of $156.71 billion, a PE ratio of 40.95, a P/E/G ratio of 21.46 and a beta of 1.29.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be given a dividend of $1.29 per share. The ex-dividend date is Tuesday, August 18th. This represents a $5.16 dividend on an annualized basis and a dividend yield of 6.15%. Chevron’s dividend payout ratio is currently 82.30%.

A number of analysts have commented on the company. Zacks Investment Research upgraded Chevron from a “hold” rating to a “strong-buy” rating and set a $105.00 price target for the company in a research report on Wednesday, July 22nd. Wells Fargo & Co raised their target price on shares of Chevron from $107.00 to $111.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Craig Hallum lifted their price target on shares of Chevron from $81.00 to $100.00 and gave the company a “buy” rating in a report on Monday, May 4th. Goldman Sachs Group cut shares of Chevron from a “conviction-buy” rating to a “buy” rating in a research note on Monday, May 4th. Finally, Morgan Stanley lifted their target price on shares of Chevron from $103.00 to $107.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $111.25.

About Chevron

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.

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Earnings History for Chevron (NYSE:CVX)

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