Is Chevron (CVX) Priced Fairly After Its Strong Recent Share Price Run?
- If you are wondering whether Chevron’s share price still offers fair value or is running ahead of itself, you are not alone. This article will help you unpack that question.
- With the stock at US$185.34 and returns of 2.7% over 7 days, 11.2% over 30 days, 18.9% year to date, 23.8% over 1 year and 30.9% over 3 years, investors may be rethinking both upside potential and risk.
- Recent headlines around Chevron have kept the company on many watchlists, as investors track how large energy majors are responding to sector wide shifts and capital allocation decisions. These updates give useful context for the recent price moves and set the scene for a closer look at what you are actually paying for the business today.
- Simply Wall St’s valuation…
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