Chevron Corporation (CVX) is a mega-cap energy company with a market cap of $301.2 billion, headquartered in Houston, Texas. CVX stock is currently trading 11.5% below its 52-week high of $168.96, declining 5% over the past three months. Chevron has faced challenges due to falling oil prices and operational issues, including the loss of high-margin production in Venezuela. However, CVX recently received a restricted license to resume operations in Venezuela. Analysts have a consensus rating of “Moderate Buy” on CVX with a mean price target of $169.43, reflecting a 13.3% premium to current levels.

Read more at Barchart: Is Chevron Corporation Stock Underperforming the S&P 500?