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Should You Consider Chevron Corporation (NYSE:CVX)?

Attractive stocks have exceptional fundamentals. In the case of Chevron Corporation (NYSE:CVX), there's is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Chevron here.

6 star dividend payer with adequate balance sheet

CVX is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that CVX manages its cash and cost levels well, which is a crucial insight into the health of the company. CVX's has produced operating cash levels of 0.89x total debt over the past year, which implies that CVX's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NYSE:CVX Historical Debt, April 26th 2019
NYSE:CVX Historical Debt, April 26th 2019

Income investors would also be happy to know that CVX is one of the highest dividend payers in the market, with current dividend yield standing at 4.0%. CVX has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:CVX Historical Dividend Yield, April 26th 2019
NYSE:CVX Historical Dividend Yield, April 26th 2019

Next Steps:

For Chevron, there are three key aspects you should further examine:

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  1. Future Outlook: What are well-informed industry analysts predicting for CVX’s future growth? Take a look at our free research report of analyst consensus for CVX’s outlook.

  2. Historical Performance: What has CVX's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CVX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.