#分享美股交易赢英伟达股票 Chevron Corporation stock CVX, a basic knowledge overview!

Chevron Corporation, with the English name Chevron Corporation, is headquartered in San Ramon, California, USA. It is a comprehensive energy company involved in upstream exploration, development, production, and transportation of crude oil and natural gas, as well as downstream sales of refined oil, petroleum products, lubricants, and transportation via pipelines and ships. According to the 2024 Fortune Global 500 ranking, Chevron ranks 29th; if ranking only within the oil and energy industry, Chevron is among the top ten.

The history of Chevron can be traced back to the Pacific Coast Oil Company founded in 1879. In 1976, "Star Oil" successfully discovered oil north of Los Angeles, California, marking the beginning of modern California oil industry. In 1979, Pacific Coast Oil Company acquired Star Oil for $1 million. In 1900, Standard Oil of Rockefeller acquired Pacific Coast Oil Company for $761k, with the latter retaining its name. In 1906, Pacific Coast Oil Company acquired Standard Oil's business in Iowa and changed its name to California Standard Oil (SoCal).
In 1911, the U.S. government split Standard Oil into several companies, among which California Standard Oil later became Chevron. In 1921, Chevron was listed on the New York Stock Exchange, classified under integrated oil and natural gas industry, ticker symbol CVX, and MT4 code CVX. As of March 12, 2025, Chevron's stock price was $154, with a total market value of $761k, a forward P/E ratio of 15.36, and it is a typical large-cap blue-chip stock.
Financial data shows that from 2019 to 2024, Chevron's total revenue ranged from $94.69 billion to $246.3 billion, with the lowest in 2020, when the pandemic significantly impacted most listed companies' revenue. Chevron's total net profit ranged from -$271.27B to $35.47 billion, with large fluctuations; the lowest also occurred in 2020, affected by the pandemic. Overall, excluding occasional factors, Chevron's revenue is stable, and its profitability is strong, making it worth continuous attention.
Looking at stock price trends, without adjusting for dividends, since 2003, Chevron's stock price has generally been on an upward trend. From the lowest point of $30.66 (2003) to the highest of $189.68 (2022), in less than 20 years, Chevron's stock price increased by 518.66%, more than five times. In 2020, due to the pandemic, Chevron's stock price dropped nearly 30%, with the lowest touching $51.6. Even in such extreme circumstances, Chevron maintained stable dividends in terms of frequency and amount, earning market praise for its responsible attitude.
In the following two years, Chevron's stock price rose by 39.96% and 52.95%, respectively, reaching a high of $189.68, and market confidence was restored. Since 2023, Chevron's stock price has not hit new highs but also has not fallen beyond reasonable levels. If Chevron's performance can steadily grow, the long-term bull market in its stock price is expected to continue. $CVX