Chevron: Why The Hess Deal And Dividend Growth Keep Me Bullish

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Skip to contentHome page Seeking Alpha - Power to InvestorsSep. 23, 2025 12:25 PM ETChevron Corporation (CVX) Stock, CHEV:CA StockCVX, CHEV:CADhierin BechaiInvesting Group LeaderSummaryChevron Corporation remains attractive, supported by the recent Hess acquisition and access to Guyana's low-cost oil assets.Q2 2025 earnings declined 41% due to lower oil prices and volumes, but cost controls and a 4.4% dividend yield provide stability.I'm raising my CVX price target to $172.18, implying 10% upside, based on improved EBITDA and free cash flow estimates through 2027.While near-term upside is limited, long-term compounding from share repurchases and dividend growth strengthens the investment thesis.Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More »EyeEm Mobile GmbH/iStock via Getty ImagesChevron Corporation (NYSE:CVX) has gained 13.6% since my last report, slightly underperforming the S&P 500. What I like about the company is the acquisition of Hess Corporation (HES) which closed in July and gives the company accessMore on my IG serviceIf you want full access to all our reports, data and investing ideas, join The Aerospace Forum, the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform. This article was written byDhierin Bechai21.22K FollowersDhierin-Perkash Bechai is an aerospace, defense and airline analyst.Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For YouAbout CVX StockSymbolLast Price% Chg1D5D1M6M1Y5Y10YMarket CapRev Growth (YoY)Short InterestPrev. CloseMore on CVXRelated StocksSymbolLast Price% Chg--CHEV:CACHEV:CA--1D5D1M6M1Y5Y10YTrending AnalysisTrending NewsSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: 1-347-509-6837© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.