Chevron Corporation (CVX) : During the past 4 weeks, traders have been relatively bearish on Chevron Corporation (CVX), hence the stock is down -6.39% 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 -2.34% relative to the S&P 500. The 4-week change in the price of the stock is -4.07% and the stock has fallen -1.92% in the past 1 week.
Chevron Corporation (NYSE:CVX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $100.99 and $99.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $101.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $100.51, notching a gain of 0.12% for the day. The total traded volume was 6,710,481 . The stock had closed at $100.39 on the previous day.
The stock has recorded a 20-day Moving Average of 3.27% and the 50-Day Moving Average is 2.34%. Chevron Corporation has dropped 0.28% during the last 3-month period . Year-to-Date the stock performance stands at 14.34%.
Chevron Corporation (CVX) : Average target price received by Chevron Corporation (CVX) is $111.67 with an expected standard deviation of $10.45. The most aggressive target on the stock is $125, whereas the most downbeat target is $85. 12 financial analysts are currently covering the stock.
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.