Chevron Corporation (CVX) : During the past 4 weeks, traders have been relatively bearish on Chevron Corporation (CVX), hence the stock is down -0.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.32% relative to the S&P 500. The 4-week change in the price of the stock is -1.13% and the stock has fallen -0.98% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.5% and the fifty day Moving Average is 0.71%. Chevron Corporation is up 0.36% in the last three month period. Year-to-Date the stock performance stands at 16.48%.
Chevron Corporation (CVX) stock is expected to deviate a maximum of $10.56 from the average target price of $112 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $125 and the most muted being $85.
Chevron Corporation (NYSE:CVX): On Fridays trading session , Opening price of the stock was $102.11 with an intraday high of $102.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $100.86. However, the stock managed to close at $101.32, a loss of 0.56% for the day. On the previous day, the stock had closed at $101.89. The total traded volume of the day was 4,776,217 shares.
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates. The Company operates through two segments: Upstream and Downstream. Upstream operations consist primarily of exploring for, developing and producing crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas (LNG); transporting crude oil through international oil export pipelines; transporting, storing and marketing natural gas, and operating a gas-to-liquids plant. The Companys Downstream operations primarily consist of refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car, and manufacturing and marketing commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.