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The latest update is out from Chevron ( (CVX) ).
On July 28, 2025, Chevron Corporation appointed John B. Hess to its board of directors, following its acquisition of Hess Corporation. Mr. Hess, who previously served as CEO of Hess Corporation, will also join the Public Policy and Sustainability Committee. Additionally, Chevron has entered into a memorandum of understanding with HFO Holdings LLC, owned by Mr. Hess, to transfer interests in Hess Toy Truck LLC and HG Aircraft LLC, along with intellectual property rights related to the ‘Hess’ name, to HFO. These strategic moves are part of Chevron’s integration efforts post-acquisition, aimed at streamlining operations and enhancing its market position.
The most recent analyst rating on (CVX) stock is a Buy with a $196.00 price target. To see the full list of analyst forecasts on Chevron stock, see the CVX Stock Forecast page.
Spark’s Take on CVX Stock
According to Spark, TipRanks’ AI Analyst, CVX is a Outperform.
Chevron’s financial stability and strategic initiatives, particularly the acquisition of Hess Corporation, are major strengths, driving a strong overall score. Despite some challenges in growth trends and external operational issues, the company’s robust cash flow management and positive earnings call sentiment reinforce its solid standing.
To see Spark’s full report on CVX stock, click here.
More about Chevron
Chevron Corporation operates in the oil and gas industry, focusing on the exploration, production, and refining of petroleum products. The company is a major player in the global energy market, providing a range of services and products related to oil and gas.
Average Trading Volume: 10,303,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: $320B
See more insights into CVX stock on TipRanks’ Stock Analysis page.