Insider Selling: Chevron (NYSE:CVX) Insider Sells 2,400 Shares of Company Stock

Posted by Stanley Muller on Oct 21st, 2026

Chevron Corporation (NYSE:CVX – Get Free Report) insider R. Pate sold 2,400 shares of the firm’s stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $225.61, for a total transaction of $541,464.00. Following the completion of the transaction, the insider owned 8,791 shares of the company’s stock, valued at approximately $1,983,337.51. The trade was a 21.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

R. Hewitt Pate also recently made the following trade(s):

On Tuesday, October 20th, R. Pate sold 40,700 shares of Chevron stock. The shares were sold at an average price of $226.65, for a total transaction of $9,224,655.00.
On Tuesday, August 18th, R. Pate sold 2,470 shares of Chevron stock. The shares were sold at an average price of $205.11, for a total value of $506,621.70.

Chevron Stock Up 0.5%

NYSE CVX traded up $1.10 during trading on Wednesday, reaching $226.81. 7,913,343 shares of the company’s stock were exchanged, compared to its average volume of 10,395,028. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $228.48. The firm has a market capitalization of $448.13 billion, a PE ratio of 21.75, a P/E/G ratio of 0.61 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.98 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $208.76 and its 200-day simple moving average is $193.71.

Chevron (NYSE:CVX – Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.51. The company had revenue of $67.20 billion for the quarter, compared to analysts’ expectations of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The business’s revenue for the quarter was up 57.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.77 EPS. Sell-side analysts predict that Chevron Corporation will post 17.71 EPS for the current year.

Chevron Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were issued a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, August 19th. Chevron’s dividend payout ratio (DPR) is currently 68.26%.

Institutional Trading of Chevron

Several large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Chevron during the 2nd quarter valued at about $25,663,729,000. Bank of New York Mellon Corp acquired a new stake in Chevron in the 2nd quarter worth approximately $2,378,114,000. Legal & General Group Plc acquired a new stake in Chevron in the 2nd quarter worth approximately $1,462,412,000. Deutsche Bank AG bought a new stake in Chevron during the second quarter worth approximately $1,189,577,000. Finally, State Street Corp boosted its position in Chevron by 3.9% during the second quarter. State Street Corp now owns 159,136,768 shares of the oil and gas company’s stock worth $28,016,651,000 after purchasing an additional 5,998,852 shares during the period. 72.42% of the stock is owned by institutional investors.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Higher oil prices support earnings expectations: Brent crude reached a five-month high above $110 as Iran-related geopolitical risks raised concerns about supply disruptions. Because Chevron’s profitability is closely tied to oil prices, the move has helped push the stock toward a 52-week high. Chevron and ExxonMobil Stocks Hit 52-Week Highs
Positive Sentiment: Venezuela could become a significant growth opportunity: Chevron is reportedly investing billions to expand Venezuelan output, with production potentially reaching 600,000 barrels per day—more than double current levels. Low production costs could create substantial long-term revenue and profit potential if operations and political conditions remain favorable. Chevron Is Pouring Billions Into Venezuela
Positive Sentiment: Portfolio changes may improve capital efficiency: Chevron’s asset-sale and operating changes are being viewed as efforts to focus the portfolio, reduce costs and strengthen cash flow. Strategic Asset Sales Help Energy Companies Refocus Operations
Positive Sentiment: Institutional buying and analyst optimism add support: Citadel substantially increased its Chevron stake in the second quarter, while a recent Goldman Sachs call was described as bullish. These developments may reinforce confidence ahead of earnings. Chevron Stock Nears a 52-Week High
Neutral Sentiment: Strategic transactions carry mixed implications: Chevron’s Bakken changes and a reported effort to take control of a major Iraqi oil field could expand or improve its asset base, but execution, geopolitical and regulatory risks remain. Chevron Moves to Take Over Iraq Oil Field
Negative Sentiment: Venezuela and Middle East exposure increase risk: Political instability, sanctions, infrastructure constraints and potential supply normalization could limit the benefits of Chevron’s international growth plans and make elevated oil prices difficult to sustain.
Negative Sentiment: Chevron-related changes pressured Hess Midstream: A Chevron transaction contributed to a steep decline in Hess Midstream units, highlighting possible uncertainty for counterparties and investors as Chevron integrates or restructures assets. Hess Midstream Is Down Nearly 23% in a Month

Analyst Ratings Changes

Several research analysts have weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $241.00 price objective on shares of Chevron in a research note on Tuesday. Weiss Ratings raised shares of Chevron from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday. Dbs Bank raised shares of Chevron to a “moderate buy” rating in a research note on Thursday, August 6th. Wolfe Research upgraded shares of Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 price target on the stock in a report on Thursday, July 2nd. Finally, Morgan Stanley upped their price target on shares of Chevron from $218.00 to $226.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Chevron currently has a consensus rating of “Moderate Buy” and an average price target of $213.96.

Read Our Latest Analysis on Chevron

Chevron Company Profile

(Get Free Report)

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.