How to buy Chevron Corporation (CVX) shares in Australia

Learn how to easily invest in Chevron Corporation shares.

Chevron Corporation
NYSE: CVX - USD
OIL & GAS INTEGRATED
$109.61
+ $0.80 ( + 0.74%)

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Chevron Corporation (CVX) is a leading oil & gas integrated business with stocks listed in the US. It opened the day at US$109.77 after a previous close of US$108.81. During the day the price has varied from a low of USD109.43 to a high of USD110.025. The latest price was USD109.61 (25 minute delay). Chevron Corporation is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Chevron Corporation

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Chevron Corporation. Find the share by name or ticker symbol: CVX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Chevron Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$108.81, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Chevron Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Chevron Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Chevron Corporation stock price (NYSE:CVX)

Use our graph to track the performance of CVX stocks over time.

Chevron Corporation shares at a glance

Information last updated 2021-10-15.
OpenUS$109.77
HighUS$110.025
LowUS$109.43
CloseUS$109.61
Previous closeUS$108.81
Change US$0.8
Change % 0.7352%
Volume 9,968,079
Information last updated 2021-10-16.
52-week rangeUS$61.7222 - US$110.2557
50-day moving average US$100.852
200-day moving average US$102.9925
Target priceUS$122.64
PE ratio 58.1794
Dividend yield US$5.21 (4.79%)
Earnings per share (TTM) US$1.884

Where to buy Chevron Corporation stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Chevron Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Chevron Corporation share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Chevron Corporation shares?

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Chevron Corporation price performance over time

Historical closes compared with the last close of $109.61

1 month (2021-09-17) 13.28%
3 months (2021-07-16) 11.14%
6 months (2021-04-16) 6.46%
1 year (2020-10-16) 50.38%
2 years (2019-10-17) -4.98%
3 years (2018-10-17) -6.55%
5 years (2016-10-17) 8.14%

Is Chevron Corporation under- or over-valued?

Valuing Chevron Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Chevron Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Chevron Corporation's P/E ratio

Chevron Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 58x. In other words, Chevron Corporation shares trade at around 58x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Chevron Corporation's PEG ratio

Chevron Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5308. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Chevron Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Chevron Corporation's EBITDA

Chevron Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$21.9 billion (£15.9 billion).

The EBITDA is a measure of a Chevron Corporation's overall financial performance and is widely used to measure a its profitability.

Chevron Corporation financials

Revenue TTM US$116 billion
Operating margin TTM 5.76%
Gross profit TTM US$44 billion
Return on assets TTM 1.79%
Return on equity TTM 2.7%
Profit margin 3.09%
Book value 68.867
Market capitalisation US$212 billion

TTM: trailing 12 months

Shorting Chevron Corporation shares

There are currently 18.8 million Chevron Corporation shares held short by investors – that's known as Chevron Corporation's "short interest". This figure is 18.4% up from 15.9 million last month.

There are a few different ways that this level of interest in shorting Chevron Corporation shares can be evaluated.

Chevron Corporation's "short interest ratio" (SIR)

Chevron Corporation's "short interest ratio" (SIR) is the quantity of Chevron Corporation shares currently shorted divided by the average quantity of Chevron Corporation shares traded daily (recently around 12.0 million). Chevron Corporation's SIR currently stands at 1.57. In other words for every 100,000 Chevron Corporation shares traded daily on the market, roughly 1570 shares are currently held short.

However Chevron Corporation's short interest can also be evaluated against the total number of Chevron Corporation shares, or, against the total number of tradable Chevron Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Chevron Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Chevron Corporation shares in existence, roughly 10 shares are currently held short) or 0.0098% of the tradable shares (for every 100,000 tradable Chevron Corporation shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Chevron Corporation.

Find out more about how you can short Chevron Corporation stock.

Chevron Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Chevron Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Chevron Corporation's total ESG risk score

Total ESG risk: 43.79

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Chevron Corporation's overall score of 43.79 (as at 12/31/2018) is pretty weak – landing it in it in the 91st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Chevron Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Chevron Corporation's environmental score

Environmental score: 24.34/100

Chevron Corporation's environmental score of 24.34 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Chevron Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Chevron Corporation's social score

Social score: 15.98/100

Chevron Corporation's social score of 15.98 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Chevron Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Chevron Corporation's governance score

Governance score: 13.98/100

Chevron Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Chevron Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Chevron Corporation's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Chevron Corporation scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Chevron Corporation hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Chevron Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 43.79
Total ESG percentile 91.1
Environmental score 24.34
Environmental score percentile 8
Social score 15.98
Social score percentile 8
Governance score 13.98
Governance score percentile 8
Level of controversy 3

Chevron Corporation share dividends

2%

Dividend payout ratio: 1.94% of net profits

Recently Chevron Corporation has paid out, on average, around 1.94% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Chevron Corporation shareholders could enjoy a 4.93% return on their shares, in the form of dividend payments. In Chevron Corporation's case, that would currently equate to about $5.21 per share.

While Chevron Corporation's payout ratio might seem low, this can signify that Chevron Corporation is investing more in its future growth.

Chevron Corporation's most recent dividend payout was on 9 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 August 2021 (the "ex-dividend date").

Have Chevron Corporation's shares ever split?

Chevron Corporation's shares were split on a 2:1 basis on 12 September 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Chevron Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Chevron Corporation shares which in turn could have impacted Chevron Corporation's share price.

Chevron Corporation share price volatility

Over the last 12 months, Chevron Corporation's shares have ranged in value from as little as US$61.7222 up to US$110.2557. A popular way to gauge a stock's volatility is its "beta".

CVX.US volatility(beta: 1.24)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Chevron Corporation's is 1.2386. This would suggest that Chevron Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Chevron Corporation overview

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. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as alkylate and plastics for industrial uses. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

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