Canada Life Assurance Adds $19M in Chevron Corporation ($CVX)
Key Points
- Canada Life Assurance changed its Chevron Corporation ($CVX) stake by 13.31% last quarter, boosting to 977,659 shares worth $162.06 million.
- Wall Street's consensus rating on $CVX is Buy and an average price target of $218.29.
- $CVX last traded around $165.76.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Canada Life Assurance increased its position in Chevron Corporation ($CVX) by 13.31% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 977,659 shares of Chevron Corporation after buying 114,827 shares during the quarter. Canada Life Assurance's holdings in Chevron Corporation were worth $162.06 million as of its most recent filing.
Chevron Corporation Stock Down 17.9%
Shares of Chevron Corporation ($CVX) traded around $165.76 on Saturday, down 17.9% for the day.
Chevron Corporation Earnings
Chevron Corporation Dividend
Analysts Set New Price Targets
About Chevron Corporation
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. Its Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The All Other segment engages in cash management and debt financing; insurance; real estate; and technology activities. It has operations in North America, South America, Europe, Africa, Asia, and Australia. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.
Get Chevron Corporation alerts
New 13F filings, insider trades, and analyst moves on $CVX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.