Chevron Stock Price Prediction (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Chevron Corporation Businesses, Fundamentals, Future Plans and more
If you have come to know about the Chevron Stock Price Prediction or forecast, then you are at the right place.
Hey friends, in this article we are going to do a detailed analysis of Chevron Corporation Stock. Many people were asking to analyze this stock, so our team has worked hard and gathered enough details about it.
So, before predicting the share price of Chevron Corporation we will have a look at its businesses and fundamentals. After understanding that very well we will predict the Chevron Stock Price Prediction. So stay tuned till the end of this blog, let’s get started.
About Chevron Corporation
Chevron Corporation is an energy sector related company which are engaged in oil, gas, and energy industry. The company is headquartered in San Ramon, California. Chevron is one of the largest publicly traded oil and gas company in the world.
Chevron Corporation is engaged in various activities like exploration, production, refining and marketing of petroleum products. They have strong presence throughout the entire energy supply chain, from exploration and production to refining and distribution.
Chevron has implemented environmental and social responsibility initiatives which focusing on reducing greenhouse gas emissions, protecting biodiversity, and supporting local communities from where they operate.
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Chevron Financial Trends
If we talk about the revenue and profit of Chevron Stock then –
Its revenue in 2021 has been $94,692 Million and profit is -$5,543. There was a revenue of $162,465 Million in 2022 and a profit of $15,625 Million. In the same 2023, there was a profit of $35,465 Million with a revenue of $246,252.
Chevron Stock Price Prediction table
| Year | Minimum Price | Maximum Price |
|---|---|---|
| Chevron Stock Price Prediction 2023 | $158 | $160 |
| Chevron Stock Price Prediction 2024 | $175 | $180 |
| Chevron Stock Price Prediction 2025 | $198 | $205 |
| Chevron Stock Price Prediction 2026 | $220 | $226 |
| Chevron Stock Price Prediction 2027 | $250 | $255 |
| Chevron Stock Price Prediction 2028 | $280 | $290 |
| Chevron Stock Price Prediction 2029 | $320 | $340 |
| Chevron Stock Price Prediction 2030 | $380 | $400 |
For more details about the Chevron Stock, you can watch this video –
Chevron Stock Price Prediction 2023
This stock is currently growing very well, while it has given more than -7.7% returns in the last one year. Anyway, Chevron Stock Price Prediction 2023 can be $158 and maximum price can be $160 because we feel that this year this company will give 4% to 6% returns. Share returns may vary but according to current scenario we can get decent returns
Chevron Stock Price Prediction 2024
If we look at its fundamentals then it is almost good, some of its metrics are negative. If we look at its EPS then it is 18.61 and ROE is 22.70%. Same its P/E ratio is also almost good which is 8.2. Talking about the Chevron Stock Price Prediction 2024, the minimum and maximum price can be $175vand $180 respectively. But looking at its fundamentals, we can also guess that it can be a risky investment at the moment.
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Chevron Stock Price Prediction 2025
If you look at its financial trends, its revenue and net worth are showing very good growth. Same, currently the Chevron Corporation company is making good profit. The company was in loss before 3 years but its last year profit was $15,625 and this year profit is $35,465. Coming to the point, Chevron Stock Price Prediction 2025 can be $198 and maximum price can be $205. However the company’s profits is making good growth slowly slowly and it is estimated that by 2025 the company can double the profit.
Chevron Stock Price Prediction 2030
Talking about the debt on the company, it has a debt of US$22.9 Billion. Although the company is almost doing well, but after this due to the bad financial and fundamentals, I would not prefer to invest in it for the time being. Talking about the Chevron Stock Price Prediction 2030, the minimum price can be $380 and maximum price can be seen of $400.
Conclusion
Friends, if you are investing in shares only after seeing the Chevron share forecast, then do not do this. Because there is not one reason for the crash in the companies share price, there are many reasons for this. Some of them are Bad performance of company, Shares being overvalued, due to economic downturn and political instability etc.
We hope you enjoy knowing the Chevron Stock Price Prediction. If you want any more information then you can ask by commenting. We will try our best to reply to you.
FAQs
What will be the share price of Chevron in 2023?
The expected price of Chevron share in 2023 is $158 to $160.
What will be the share price of Chevron after 5 years?
According to our analysis, price of Chevron stock after 5 years will be $280 – $290 in 2028. This is the expected price range, share price of the Chevron can be more or less than the predicted one.
Is Chevron in debt?
Yes, as of December 2022, Chevron has debt of US$22.9 Billion.
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