Nwam LLC Has $3.90 Million Holdings in Chevron Corporation $CVX

Nwam LLC grew its stake in Chevron Corporation (NYSE:CVX) by 16.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,553 shares of the oil and gas company’s stock after buying an additional 3,356 shares during the period. Nwam LLC’s holdings in Chevron were worth $3,904,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CVX. Cornerstone Advisory LLC boosted its holdings in Chevron by 0.9% during the first quarter. Cornerstone Advisory LLC now owns 5,625 shares of the oil and gas company’s stock valued at $1,164,000 after acquiring an additional 52 shares during the period. Compton Financial Group LLC raised its stake in shares of Chevron by 1.9% in the first quarter. Compton Financial Group LLC now owns 2,944 shares of the oil and gas company’s stock valued at $609,000 after purchasing an additional 56 shares in the last quarter. Quantum Portfolio Management LLC lifted its holdings in shares of Chevron by 2.7% during the 1st quarter. Quantum Portfolio Management LLC now owns 2,101 shares of the oil and gas company’s stock worth $435,000 after acquiring an additional 56 shares during the period. Wealthspire Retirement LLC grew its stake in shares of Chevron by 0.9% in the 1st quarter. Wealthspire Retirement LLC now owns 6,530 shares of the oil and gas company’s stock valued at $1,351,000 after purchasing an additional 56 shares during the period. Finally, D.B. Root & Company LLC boosted its stake in Chevron by 1.0% in the 4th quarter. D.B. Root & Company LLC now owns 5,552 shares of the oil and gas company’s stock valued at $846,000 after buying an additional 57 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Chevron Stock Up 2.2%

Shares of CVX opened at $206.25 on Tuesday. The business’s fifty day moving average price is $188.07 and its two-hundred day moving average price is $189.06. The firm has a market capitalization of $407.50 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 0.60 and a beta of 0.49. Chevron Corporation has a 52 week low of $146.49 and a 52 week high of $214.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25.

Chevron (NYSE:CVX) last released its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The company had revenue of $67.20 billion during the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter in the previous year, the company posted $1.77 earnings per share. The firm’s quarterly revenue was up 57.4% on a year-over-year basis. On average, analysts predict that Chevron Corporation will post 16.24 earnings per share for the current year.

Chevron Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be given a dividend of $1.78 per share. The ex-dividend date is Wednesday, August 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.5%. Chevron’s payout ratio is currently 68.26%.

Insider Buying and Selling at Chevron

In other Chevron news, Director John B. Hess sold 100,000 shares of Chevron stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $194.26, for a total transaction of $19,426,000.00. Following the completion of the sale, the director owned 178,045 shares of the company’s stock, valued at approximately $34,587,021.70. The trade was a 35.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrew Benjamin Walz sold 16,800 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the sale, the insider owned 14 shares of the company’s stock, valued at $2,814.84. The trade was a 99.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,152,582 shares of company stock valued at $225,853,661. 0.56% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher oil prices boosted energy shares. Renewed U.S.-Iran military conflict and constrained shipping through the Strait of Hormuz pushed crude prices higher, improving the outlook for Chevron’s upstream earnings and cash flow. Chevron and Exxon Mobil Rise as U.S. Strikes on Iran Push WTI Crude Oil Higher
• Positive Sentiment: Potential Venezuela agreements could materially expand Chevron’s production base. Chevron is reportedly nearing agreements with Halliburton to invest in Venezuelan heavy-oil fields. A broader U.S.-backed arrangement could support billions of dollars in investment, with Chevron potentially becoming the only major U.S. oil company operating actively in Venezuela. Chevron and Halliburton Near Billion-Dollar Venezuela Oil Deals
• Positive Sentiment: Analyst earnings expectations improved. Erste Group Bank reportedly raised its fiscal 2026 EPS forecast, adding to investor confidence while Chevron benefits from stronger oil prices and possible new production assets. Chevron FY2026 EPS Forecast Increased by Erste Group Bank
• Neutral Sentiment: Chevron is selling interests in offshore Angola. Etu Energias agreed to acquire Chevron’s working interests in Blocks 14 and 14K. The transaction may streamline the portfolio and generate proceeds, but it also reduces Chevron’s exposure to those assets. Etu Energias to Acquire Chevron Stakes in Offshore Angola
• Negative Sentiment: Refining pressure and Venezuela execution risks remain concerns. Coverage notes that higher crude near $90 per barrel can pressure refining margins. Venezuela projects also face significant operational, infrastructure, political and regulatory hurdles, meaning the potential production upside may take time and require substantial capital. Chevron Jumps as $90 Oil Meets Refining Pressure

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $220.00 price objective on shares of Chevron in a research note on Tuesday, May 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $216.00 target price on shares of Chevron in a report on Wednesday, May 6th. TD Cowen increased their target price on shares of Chevron from $200.00 to $205.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Chevron from a “hold (c)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $216.00 price target on shares of Chevron in a research report on Friday, July 10th. Twenty investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $207.48.

About Chevron

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.