This article first appeared on GuruFocus.
Eighteen ETFs were selling Chevron (CVX) versus 45 buying last Friday, but the sellers traded in larger amounts, leaving net selling of $107.4 million. More funds traded the other way, yet in smaller amounts. The net outflow snapped a two-day run of net buying that totaled $64.0 million on Oct. 29 and $42.7 million on Oct. 28. Before that, the stock saw net selling of $53.5 million on Oct. 27 and net buying of $11.3 million on Oct. 26.
Track the latest ETF buying and selling trends and search funds in the GuruFocus ETF Screener.
For the full record of ETF and guru buying and selling in CVX, see the CVX guru trades page.
Which ETFs sold CVX on Friday?
The largest sellers by dollar value were SDY ($173.9 million), NOBL ($26.0 million) and KNG ($7.5 million). In all, 45 ETFs added shares and 18 cut them.
SDY drove the move with a $173.9 million decline in value on a share change of -738,400, a 33.34% cut to its stake, which was 1.57% of the portfolio. NOBL shed $26.0 million on -110,498 shares, a 13.01% reduction at a 1.47% weight, while KNG trimmed $7.5 million on -31,907 shares, down 13.0% at a 1.47% weight. DIA reduced its position by $7.0 million on -29,670 shares, a 0.57% change at a 2.7% weight. Chevron operates in the Energy sector within Oil & Gas Integrated, with a market cap of $450.0 billion.
Have ETFs been buying or selling CVX lately?
Over the last 5 reported days, ETFs were net buyers on 3 and net sellers on 2, 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%. Its P/E ratio is 16.66, P/B 2.3 and P/S 1.97, alongside a market cap of $450.0 billion. The GF Score stands at 62, and the GF Value of $176.05 compares with a price of $227.77. The dividend yield is 3.14%, and the stock has returned 53.62% year to date.
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
