Valued at a market cap of $274.2 billion, Chevron Corporation (CVX) is a leading integrated oil and gas company headquartered in Houston, Texas. It operates across the entire energy supply chain, from the exploration and production of crude oil and natural gas to transportation, refining, marketing, chemical manufacturing, and power generation.
This energy giant has underperformed the broader market over the past 52 weeks. Shares of CVX have declined 3.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17%. Moreover, on a YTD basis, the stock is up 6%, compared to SPX’s 8.2% rise.
