CVX Analysis: Chevron's $25B Shareholder Return Machine Near 52-Week Highs
Chevron Corporation (NYSE: CVX) trades at $183.93, within striking distance of its 52-week high of $187.90, after rallying 39% from its 52-week low of $132.04. The second-largest U.S. integrated oil company commands a $367.7 billion market cap and has delivered 39 consecutive years of dividend growth — a streak that places it among the most reliable income stocks in the energy sector. Chevron's FY2025 tells a story of disciplined capital allocation amid a challenging commodity environment. The company generated $33.9 billion in operating cash flow and returned $25 billion to shareholders through $12.8 billion in dividends and $12.2 billion in buybacks. With the Trump administration rolling back greenhouse gas regulations and Chevron's Permian Basin and Tengiz expansion projects ramping up, the question for investors is whether CVX still offers value near all-time highs or if the easy gains are behind us.