This article first appeared on GuruFocus.
ETF flows into Chevron (CVX) stretched to a second straight day, with funds buying a net $64.0 million of the stock last Thursday. That followed net buying of $42.7 million on Wednesday. On Thursday, 44 ETFs were buyers against 18 sellers, while 149 funds held their positions. The two-day streak comes after a net outflow of $53.5 million on Tuesday.
For the full record of ETF and guru buying and selling in CVX, see the CVX guru trades page.
Which ETFs bought CVX on Thursday?
The largest buyers by dollar value were XLE ($47.4 million), RDIV ($14.7 million) and DIA ($3.4 million). In all, 44 ETFs added shares and 18 cut them.
Energy Select Sector SPDR Fund (XLE) led the move, adding 204,600 shares worth $47.4 million, a 0.57% increase in its stake, with Chevron at an 18.37% weight. RDIV added 63,680 shares valued at $14.7 million, a 16.34% stake change at a 6.16% weight, while DIA added 14,835 shares worth $3.4 million and IYE added 9,057 shares worth $2.1 million. Chevron operates in the Energy sector, within the Oil & Gas Integrated industry, and carries a market cap of $465.3 billion.
Have ETFs been buying or selling CVX lately?
Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.
What does CVX do?
Chevron is one of the world’s largest integrated energy companies, engaged in every aspect of the oil and natural gas industry. Its Upstream segment explores for and produces crude oil and natural gas, with major positions in the U.S. Permian Basin and Gulf of Mexico, Kazakhstan’s Tengiz field, Australian LNG, and, following the 2025 acquisition of Hess, a significant stake in the prolific Guyana Stabroek block.
Chevron reported trailing-12-month revenue of $228.45 billion, up 10.9% over one year, with a gross margin of 19.5% and a net margin of 11.8%. The stock trades at a P/E of 17.23, a P/B of 2.38 and a P/S of 2.04, against a market cap of $465.3 billion. Its GF Score is 61, and the GF Value of $175.86 compares with a price of $235.52. The dividend yield is 3.01%, and the shares have returned 58.85% year to date.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
