Chevron Stock Split in 2023 [What You Should Know]

Chevron or Chevron Corporation is a global American petroleum refinery company established in 1879. The company was originally named Standard Oil Company and was later named Chevron. For over a hundred years, Chevron has had expertise in the oil and gas field and is currently active in more than 180 countries. The company has its headquarters in San Ramon, California.

What is Chevron’s stock split history?

Chevron Stock Split

Since being established, Chevron has had 4 stock splits, all in the ratio of 2:1. Which means if a shareholder owns one share before the split, they would own two shares after the split. Chevron’s first stock split happened in 1973 while its most recent one occurred in 2004, almost 20 years ago. To understand the implication of a stock split, an example would be that if one share was bought in 1973 (pre-split), it would now be equal to 16 Chevron shares. Below is Chevron’s stock split history:

DateSplitMultipleCumulative multiple

How much did Chevron earn in 2023?

Chevron’s financial reports for 2023 have revealed that the company earned $50.63 billion in Q1 of 2023. Thai earning is slightly more than Chevron’s earning in 2022 which was $50.19 billion. In 2021, Chevron reported unusually low current earnings of $22.35 billion which is why the current earnings are seen as a huge improvement. Overall, in the last ten years, Chevron’s earnings show a negative change (decrease) more than a positive change (increase).

What is Chevron’s recent market capitalization?

Till  June 2023, the value of Chevron’s market cap was approximately $297.95 billion. Because of that, Chevron is currently the world’s 29th most valuable company. Looking at Chevron’s market capitalization history from 2001 to 2023, despite the ups and downs, the graph shows an upward trend with market cap being the highest in 2022. The lowest Chevron’s market cap went was $40.69 billion in 2003.


What is Chevron’s revenue in 2023?

In 2023, Chevron’s current revenue is $232.24 billion. In 2010, the company earned its highest revenue of $350.19 billion.

Is Chevron a good stock to hold?

Chevron’s stock has high possible returns which is why many analysts believe the stock is a “Strong Buy”. However, the majority of analysts believe Chevron’s stock is a “Hold”.

What is the future for Chevron?

Analysts believe Chevron stock’s price forecasts fall in the range of $167.00 (low estimate) and $212.00 (high estimate). This makes Chevron’s median target to be $188.00.

Who is Chevron’s CEO?

In 2018, Mike Wirth became Chevron’s new CEO.


With four stock splits in its repertoire, Chevron is an enormous, profit-earning multinational. Its overall position in the market is very strong and is a good investment option for investors.