Chevron Corporation (CVX) : Currently there are 12 street experts covering Chevron Corporation (CVX) stock. The most bullish and bearish price target for the stock is $125 and $85 respectively for the short term. The average price target of all the analysts comes to $110.5. The estimated standard deviation from the target is $10.4.
Chevron Corporation (CVX) encountered a rise of 1.1% or 360,001 shares in the short positions. The number escalated from 31,455,523 on June 15,2016 to 31,815,524 on June 30,2016. The final interest is 1.7% of the floated stock. The days to cover figure of 4 can be arrived using the average daily exchange of 7,489,041 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Chevron Corporation (NYSE:CVX): stock turned positive on Thursday. Though the stock opened at $107.2, the bulls momentum made the stock top out at $107.58 level for the day. The stock recorded a low of $106.43 and closed the trading day at $106.7, in the green by 0.05%. The total traded volume for the day was 4,750,875. The stock had closed at $106.65 in the previous days trading.
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.