Tulsa Wealth Advisors INC Invests $972,000 in Chevron Corporation $CVX

Posted by Stanley Muller on Jun 20th, 2026

Tulsa Wealth Advisors INC purchased a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 6,375 shares of the oil and gas company’s stock, valued at approximately $972,000.

Several other large investors have also recently bought and sold shares of CVX. CFO Capital Management LLC purchased a new position in Chevron during the 4th quarter valued at about $900,000. Amicus Financial Advisors LLC purchased a new stake in shares of Chevron in the fourth quarter worth approximately $1,097,000. Clearwave Capital LLC acquired a new stake in shares of Chevron during the fourth quarter worth approximately $646,000. NCM Capital Management LLC boosted its holdings in shares of Chevron by 20.6% during the fourth quarter. NCM Capital Management LLC now owns 7,487 shares of the oil and gas company’s stock worth $1,141,000 after purchasing an additional 1,278 shares during the period. Finally, Strategic Investment Solutions Inc. IL grew its position in Chevron by 88.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 4,432 shares of the oil and gas company’s stock valued at $676,000 after purchasing an additional 2,084 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on CVX. Wells Fargo & Company upped their price objective on shares of Chevron from $204.00 to $222.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. TD Cowen increased their price objective on Chevron from $204.00 to $205.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Scotiabank increased their price objective on Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. UBS Group lifted their price objective on Chevron from $218.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Tudor Pickering upgraded Chevron from a “hold” rating to a “buy” rating and set a $225.00 target price on the stock in a research note on Thursday, April 9th. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.70.

Read Our Latest Stock Report on Chevron

Chevron Price Performance

NYSE CVX opened at $173.51 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $345.56 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 0.57 and a beta of 0.48. The company has a 50 day moving average price of $186.63 and a two-hundred day moving average price of $179.01. Chevron Corporation has a 12-month low of $142.40 and a 12-month high of $214.71.

Chevron (NYSE:CVX – Get Free Report) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. During the same period in the previous year, the firm posted $2.18 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts predict that Chevron Corporation will post 15.88 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th were paid a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, May 19th. Chevron’s payout ratio is presently 123.40%.

Insiders Place Their Bets

In other Chevron news, Director John B. Hess sold 380,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the transaction, the director directly owned 278,045 shares of the company’s stock, valued at $53,718,294. This represents a 57.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the sale, the insider directly owned 8,638 shares of the company’s stock, valued at $1,842,485.40. This represents a 82.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 615,200 shares of company stock valued at $118,022,760 over the last quarter. 0.56% of the stock is currently owned by corporate insiders.

Chevron Company Profile

(Free Report)

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.