Chevron Corporation (NYSE:CVX) traded at a new 52-week high today of $137.32. This new high was reached on below average trading volume as 3.2 million shares traded hands, while the average 30-day volume is approximately 13 million shares.
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. Chevron is the second- largest oil company in the United States with production of 3.1 million of barrels of oil equivalent a day, including 7.3 million cubic feet a day of natural gas and 1.9 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the U.S. and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2020 stood at 11.1 billion barrels of oil equivalent, including 6.1 billion barrels of liquids and 29.9 trillion cubic feet of natural gas.
Chevron Corporation (NYSE:CVX) defies analysts with a current price ($137.29) 1.0% above its average consensus price target of $135.94.
In the past 52 weeks, shares of Chevron Corporation have traded between a low of $87.94 and a high of $137.32 and is now at $137.29, which is 56% above that low price.
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