Chevron (NYSE:CVX) Stock Purchase Reported by Rep. Maria Elvira Salazar

Posted by Joseph Griffin on Oct 9th, 2026

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Chevron Corporation (NYSE:CVX). In a filing disclosed on October 7th, the Representative disclosed that they had bought between $1,001 and $15,000 in Chevron stock on September 2nd. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

Chevron Stock Performance

NYSE:CVX opened at $211.56 on Friday. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $217.78. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The company has a 50 day moving average price of $204.21 and a 200 day moving average price of $192.94. The stock has a market capitalization of $418.00 billion, a P/E ratio of 20.28, a PEG ratio of 0.57 and a beta of 0.53.

Chevron (NYSE:CVX – Get Free Report) last announced its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The company had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The firm’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.77 earnings per share. Equities research analysts forecast that Chevron Corporation will post 17.47 EPS for the current year.

Chevron Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were given a dividend of $1.78 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.4%. Chevron’s dividend payout ratio (DPR) is presently 68.26%.

More Chevron News

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Higher oil prices and supply concerns are supporting CVX. Crude oil moved above $92.60 as Middle East tensions raised concerns about global supply. Tropical Storm Isaias also prompted Gulf producers, including Chevron, to shut in some output, potentially tightening near-term fuel markets. Why Is Chevron Stock Surging on Thursday?
Positive Sentiment: Analyst sentiment has improved. UBS raised its Chevron price target to $235, while Zacks upgraded the stock from “hold” to “strong buy.” Separate bullish commentary highlighted Chevron’s cash generation, estimates and dividend appeal. Chevron highlighted as Zacks Bull
Positive Sentiment: The Hess Midstream restructuring could improve operating efficiency. Chevron is transferring its Hess Midstream interests and DJ Basin midstream assets in exchange for revised Bakken contracts and $200 million in cash. The arrangement is expected to reduce Bakken midstream costs by roughly 50%, eliminate about $3.7 billion of associated debt exposure and extend commercial agreements through 2045. Chevron Is Offloading Hess Midstream
Neutral Sentiment: Gulf production interruptions are mixed for Chevron. Four operated facilities were shut in and some workers evacuated as the storm approached. Lost production may be temporary, while tighter regional supply could support realized prices; the ultimate effect depends on storm duration and restart costs. Chevron evacuates workers from Gulf platforms
Negative Sentiment: The restructuring carries a sizable near-term charge. Reports estimate Chevron may take a $3 billion-$4 billion closing loss. Investors must weigh that hit against the expected cost savings and improved Bakken returns. Chevron’s Portfolio Reshaping Strategy
Negative Sentiment: Policy risk remains. CEO Mike Wirth warned that a U.S. diesel-export ban could reduce global supply and worsen the energy crisis, highlighting potential regulatory uncertainty for Chevron’s refining and marketing businesses. Chevron CEO warns against diesel export ban

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CVX shares. Wall Street Zen upgraded shares of Chevron from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Wolfe Research raised Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 price target on the stock in a research report on Thursday, July 2nd. Weiss Ratings upgraded Chevron from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Jefferies Financial Group boosted their price objective on Chevron from $216.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Finally, Mizuho set a $224.00 target price on shares of Chevron in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.24.

Get Our Latest Stock Analysis on Chevron

Institutional Investors Weigh In On Chevron

Several institutional investors and hedge funds have recently made changes to their positions in the business. Diversified Management Inc. lifted its stake in Chevron by 304.1% in the 3rd quarter. Diversified Management Inc. now owns 5,981 shares of the oil and gas company’s stock valued at $1,221,000 after buying an additional 4,501 shares in the last quarter. First Heartland Consultants Inc. grew its stake in shares of Chevron by 57.1% during the 3rd quarter. First Heartland Consultants Inc. now owns 7,362 shares of the oil and gas company’s stock valued at $1,566,000 after buying an additional 2,677 shares during the period. Bonness Enterprises Inc. purchased a new position in shares of Chevron in the 3rd quarter worth about $225,000. Farther Finance Advisors LLC raised its stake in shares of Chevron by 11.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 165,398 shares of the oil and gas company’s stock valued at $34,286,000 after acquiring an additional 17,179 shares during the period. Finally, Atwood & Palmer Inc. lifted its holdings in shares of Chevron by 50.6% during the 3rd quarter. Atwood & Palmer Inc. now owns 7,493 shares of the oil and gas company’s stock valued at $1,531,000 after acquiring an additional 2,519 shares in the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Chevron

In other Chevron news, Director John Hess sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $194.26, for a total value of $19,426,000.00. Following the transaction, the director directly owned 178,045 shares of the company’s stock, valued at $34,587,021.70. This trade represents a 35.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael Wirth sold 317,100 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $200.46, for a total value of $63,565,866.00. Following the transaction, the chief executive officer owned 26,308 shares in the company, valued at approximately $5,273,701.68. This represents a 92.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,152,582 shares of company stock valued at $225,853,661 in the last quarter. Company insiders own 0.56% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Chevron

(Get Free Report)

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.