Chevron Corp (CVX): Linnet F Deily , director of Chevron Corp sold 869 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $103.27 per share for a total value of $89,744.84 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 20, 2015, Patricia E Yarrington (VP & Chief Financial Officer) sold 44,000 shares at $92.05 per share price.On Nov 3, 2015, Joseph C Geagea (Executive Vice President) sold 14,000 shares at $95.11 per share price.Also, On Aug 11, 2015, Charles W Moorman (director) purchased 5,950 shares at $83.74 per share price.On Aug 6, 2015, Pierre R Breber (Executive Vice President) purchased 3,335 shares at $85.82 per share price.
Shares of Chevron Corporation (CVX) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.73 points or -0.72% at $100.59 with 74,44,084 shares getting traded. Post opening the session at $101.06, the shares hit an intraday low of $100.39 and an intraday high of $102.3 and the price vacillated in this range throughout the day. The company has a market cap of $189,427 M and the number of outstanding shares has been calculated to be 1,88,31,56,300 shares. The 52-week high of Chevron Corporation is $109.93 and the 52-week low is $69.58.
Company has been under the radar of several Street Analysts.Chevron Corporation is Reiterated by Jefferies to Buy and the brokerage firm has raised the Price Target to $ 114 from a previous price target of $110 .The Rating was issued on May 2, 2016.Chevron Corporation is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 104 from a previous price target of $90 .The Rating was issued on May 2, 2016.Chevron Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 97 from a previous price target of $89 .The Rating was issued on Apr 8, 2016.Chevron Corporation is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 22, 2016.Chevron Corporation is Initiated by Nomura to Neutral. The Rating was issued on Mar 18, 2016.
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates. The Company operates through two segments: Upstream and Downstream. Upstream operations consist primarily of exploring for developing and producing crude oil and natural gas; processing liquefaction transportation and regasification associated with liquefied natural gas (LNG); transporting crude oil through international oil export pipelines; transporting storing and marketing natural gas and operating a gas-to-liquids plant. The Companys Downstream operations primarily consist of refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products by pipeline marine vessel motor equipment and rail car and manufacturing and marketing commodity petrochemicals plastics for industrial uses and fuel and lubricant additives.