Chevron Swings Back To Profit in Q1

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Now the shares of Chevron Corporation (CVX) has a trading volume of 6.65 Million shares, with an average trading volume of 5110 shares - with shares dropping to a 52 week low of $95.02, and the company's shares hitting a 52 week high of $ 117.87. Finally, Independent Advisor Alliance acquired a new stake in shares of Chevron during the fourth quarter worth about $3,966,000.

Now insiders hold 965,195 shares in the business which makes up 0.05% of shares.

The number of shares traded in the last trading session was 6.65 Million. The firm owned 153,875 shares of the oil and gas company's stock after buying an additional 2,800 shares during the period. The stock grabbed 152 new institutional investments totaling 8,812,672 shares while 54 institutional investors sold out their entire positions totaling 5,413,320 shares. For the past 5 years, the company's revenue has grown -14.7%, while the company's earnings per share has grown -15.1%. Tortoise Investment Management LLC increased its position in Chevron by 46.4% in the fourth quarter. TLP Group LLC bought a new position in Chevron during the third quarter valued at about $130,000. The 20-Day Simple Moving Average is determined at -1.12% that showed a 200-Day Simple Moving Average of -0.26%.

By that measure, according to media reports, analysts expected earnings of 86 cents per share.

Chevron Co. has a 52-week low of $83.07 and a 52-week high of $119.00. Board of Trustees of The Leland Stanford Junior University increased its position in shares of Chevron by 0.5% in the fourth quarter. Looking back over the last month, shares have performed -0.19%.

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Chevron Corporation (CVX) swung to a net profit for the quarter ended March 31, 2017.

In terms of earnings per share, 16 analysts have a 1.03 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 16 analysts have a 1.22 EPS mean target and for the quarter ending Sep-17 there are 25 estimates of 4.39 EPS. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. Over the same time span, the stock marked US$32.1 as its best level and the lowest price reached was US$21.95. Jefferies Group LLC reaffirmed a "buy" rating on shares of Chevron in a report on Wednesday, January 18th.

WARNING: "Chevron Co. (CVX) Expected to Post Earnings of $0.94 Per Share" was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.40% of the company's stock.

Several sell side analysts reviewed their recommendations on Chevron Corporation (CVX) where 7 analyst have rated the stock as Strong Buy, 11 analysts said it's a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell.

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and worldwide subsidiaries that engage in integrated energy and chemicals operations. Chevron operates through two business segments: Upstream and Downstream.