IMPORTANT DISCLAIMER: Blank Capital Research ("BCR") is a technology platform, not a registered investment advisor or broker-dealer. The algorithmically generated signals, scores, and rankings provided on this site ("God Mode" Signals) are for informational and research purposes only and do not constitute financial advice, investment recommendations, or an offer to sell or solicit an offer to buy any securities.
HYPOTHETICAL PERFORMANCE RESULTS: The "timing scores" and "regime signals" displayed are based on quantitative models. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
RISK OF LOSS: Trading in financial markets involves a high degree of risk and may result in the loss of your entire investment. Data provided by third-party sources (Intrinio, Snowflake) is believed to be reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.
© 2026 Blank Capital Research. All rights reserved. System Version: Aegis V8 (God Mode).
Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#1695
Positioning
Market Dominance
Mining
Petroleum And Natural Gas
$268.3B
Michael K. Wirth
Chevron Corporation engages in integrated energy and chemicals operations. The company operates in two segments, Upstream and Downstream. Chevron is involved in the exploration, development, production, and transportation of crude oil and natural gas. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants.
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Dates updated upon official exchange announcement.
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$VALE Vale S.A. | 75 | 88 | 93 | 67 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$SU SUNCOR ENERGY INC | 74 | 87 | 90 | 53 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$TRX TRX GOLD Corp | 72 | 83 | 77 | 96 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ORLA Orla Mining Ltd. | 72 | 94 | 83 | 78 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$KGC KINROSS GOLD CORP | 71 | 83 | 89 | 79 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AEM AGNICO EAGLE MINES LTD | 71 | 80 | 80 | 71 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$RIO RIO TINTO PLC | 70 | 76 | 84 | 64 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$IAG IAMGOLD CORP | 70 | 71 | 82 | 89 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NGD New Gold Inc. /FI | 70 | 76 | 67 | 92 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PDS PRECISION DRILLING Corp | 70 | 77 | 90 | 65 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CVX CHEVRON CORP | 52 | 52 | 46 | 34 | 25.8x | 16.8x | 7.2% | 4.3% | 41.2% | 11.2% | 7.3% | -2.8% | 4.3% | 67.0x | $268.3B | ||
| SECTOR BENCH | - | - | - | - | - | 13.7x | 5.2x | 4.3% | 3.9% | 45.8% | 7.6% | 5.8% | 0.1% | 0.0% | 0.3x | - | REF |
CHEVRON CORP (CVX) receives a "Hold" rating with a composite score of 52.0/100. It ranks #1695 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
Sign in to join the discussion.
Lagging peers — losers tend to keep underperforming
Fair valuation relative to peers
Average quality profile
Low volatility — smoother ride and historically better risk-adjusted returns
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
Get full access to institutional-quality research tools with Blank Capital Pro.
Upgrade to ProStarting at $19.99/mo
Relative valuation derived from Mining sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for CVX.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 52 | 57 | -5NEUTRAL |
| MOMENTUM | 34 | 31 | +3NEUTRAL |
| VALUATION | 46 | 46 | 0NEUTRAL |
| INVESTMENT | 29 | 24 | +5NEUTRAL |
| STABILITY | 89 | 96 | -7DRAG |
| SHORT INT | 55 | 67 | -12DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 10.3% vs WACC 8.8% (spread +1.5%)
GM 41% vs sector 46%, OM 11% vs sector 8%
Capital turnover 1.47x
Rev growth -3%, 10yr history
Interest coverage 14.6x, Net debt/EBITDA 6.2x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate CHEVRON CORP (CVX) as a Hold with a composite score of 52.0/100 at a current price of $185.42. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling.
CHEVRON CORP holds a top-quartile position (#0 of 50) within the Mining sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 52.0/100 places it at rank #1695 in our full universe.
Narrow
Low
Standard
Fair Value
Gross margins of 41% signal strong pricing power.
Stable competitive position in a defensive sector.
Weak momentum suggests persistent institutional selling pressure.
Vulnerability to macroeconomic shocks and interest rate volatility.
CHEVRON CORP represents a hold based on multi-factor quantitative performance.
Our model assigns CHEVRON CORP a Hold rating, with a composite score of 52.0/100 and 3 out of 5 stars. Ranked #1695 of 7,333 stocks, CVX presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 52/100, CVX shows adequate but unremarkable business quality. The company reports a return on equity of 7.2% (sector avg: 4.3%), gross margins of 41.2% (sector avg: 45.8%), net margins of 7.3% (sector avg: 5.8%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
With a value score of 46/100, CVX appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 25.76x, an EV/EBITDA of 16.83x, a P/B ratio of 1.86x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
CHEVRON CORP's investment score of 29/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of -2.8% vs. a sector average of 0.1% and a return on assets of 4.3% (sector: 3.9%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
CVX is currently showing below-average momentum at 34/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at -2.8% year-over-year, while a beta of 0.66 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
CHEVRON CORP earns an excellent stability score of 89/100, reflecting low price volatility and a conservatively managed balance sheet. Key stability metrics include a beta of 0.66 and a debt-to-equity ratio of 67.00x (sector avg: 0.3x). Stocks with this level of stability tend to act as portfolio anchors, providing downside protection during market corrections while still participating in broad market advances.
The short interest score of 55/100 for CVX suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 67.00x). With a $268.3B market cap (mega-cap), CHEVRON CORP may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
CHEVRON CORP offers an attractive dividend yield of 4.3%, placing it among the higher-yielding stocks in its peer group. A yield this high can provide meaningful income, but investors should verify the payout is sustainable by examining the payout ratio, free cash flow coverage, and any history of dividend cuts.
CHEVRON CORP is a mega-cap company in the Mining sector, ranked #0 of 50 in its sector (100th percentile) and #1695 of 7,333 overall (77th percentile). Key comparisons include ROE of 7.2% exceeding the 4.3% sector median and operating margins of 11.2% above the 7.6% sector average. This top-quartile standing reflects exceptional competitive strength relative to Mining peers.
While CVX currently exhibits a HOLD profile, superior opportunities exist within the MINING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Mining Alpha →Quant Factor Profile
Key factor gap
Stability (89) vs Investment (29) — closing this gap could shift the rating.
EV/EBITDA 222% ABOVE SECTOR MEDIAN
ROE 68% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 10% BELOW SECTOR MEDIAN
The US Energy Information Administration (EIA) predicts that global oil demand will increase significantly in 2023 and 2024, primarily driven by the end of pandemic lockdowns in China and stronger economic growth worldwide. While global consumption is expected to reach 100.9 million b/d in 2023 and 102.69 million b/d in 2024, the EIA also notes uncertainties regarding China's demand and Russia's production. Despite these factors, the EIA anticipates downward pressure on oil prices due to rising global oil inventories, leading to lower forecasts for WTI and Brent crude, as well as gasoline and diesel prices.
Iran wants to make a "deal" more than the U.S., President Donald Trump said Tuesday, ahead of a third round of bilateral talks in Switzerland later this week.
The Schwab U.S. Dividend Equity ETF (SCHD) has surged 15% in early 2026, significantly outperforming the S&P 500's less than 1% gain. The rally is driven by a sharp rise in crude oil prices (Brent crude up 15% to over $70/barrel) due to supply disruption concerns in Venezuela and Iran. The ETF's high 19.9% weighting to energy stocks, particularly oil dividend payers like Chevron and ConocoPhillips, has fueled the outperformance. These oil companies offer high dividend yields with above-average growth rates and strong free cash flow projections through 2030.
Chevron is highlighted as a top dividend stock with a 3.9% yield, more than three times the S&P 500 average. The oil giant has increased its dividend for 39 consecutive years and generated $16.6 billion in free cash flow last year. A $3,000 investment could generate $113.92 in annual dividends, with potential for higher returns if the company continues its historical 4-7% annual dividend growth rate. Chevron's strong financial profile and projected free cash flow growth through 2030 support expectations for continued dividend increases.
Apple is Berkshire Hathaway's largest equity position at $60 billion, representing 19% of its portfolio as Warren Buffett steps down as CEO. Despite trimming the position by 4% in Q4, Buffett's decision to leave Apple as the company's biggest bet signals strong confidence in the tech company's long-term prospects. Apple's strong recent performance with 16% revenue growth and 19% EPS growth supports the bullish outlook.
Above 50MA
37.18%
Net New Highs
+51081