
Chevron Corp. (CVX) outlined a sustainable cash flow plan during its November 12 Investor Day that implies a potentially sizable dividend hike. It has averaged 7% over the 25 years, outperforming rivals. Even with a 5% hike in January, CVX stock looks undervalued.
CVX closed at $149.98 on Friday, Nov. 21, 2025, near a recent low of $148.90 on Oct. 10. Moreover, it's well off recent peaks of $160.72 on Sept. 25 and $161.83 on Sept. 2.