Chevron (CVX, $120.44) to buy Anadarko Petroleum (APC, $62.35) to strengthen its position in the shale business
American multinational energy giant Chevron is all set to buy Anadarko Petroleum Corp. in a $33 billion cash and stock deal.
The deal is not just in line with the company’s strategy to expand its shale-drilling ambitions and places it just behind Exxon Mobil Corp. as one of the world’s largest publicly traded producers of oil and gas. But, it also helps the second biggest U.S. energy company to expand operations in U.S. shale oil and gas production, offshore drilling and liquefied natural gas exports business.
According to the terms of the deal, Anadarko’s shares has been valued at $65 per share – a 37% premium to its Thursday close and Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. Further, Chevron will adopt $15 billion of Anadarko’s debt.
With this deal Chevron not only gets relatively cheap large-scale production to take their Permian position a level up just behind Exxon (XOM), but it also gives them access to West and East African reserves. This in turn can help Chevron roll their Australian LNG development capability into Mozambique.
Representing the 11th biggest deal for an energy and power company, it’s expected to create synergies worth $1 billion for Chevron.
Chevron had hit 16.2 billion barrels of oil equivalent (BOE) in 2018, while Anadarko clocked a production count of 4 billion BOE from the Permian region in western Texas and eastern New Mexico in 2018.
Momentum Indicator for CVX turns positive, indicating new upward trend
CVX saw its Momentum Indicator move above the 0 level on July 09, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CVX just turned positive on July 08, 2026. Looking at past instances where CVX's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
CVX moved above its 50-day moving average on July 16, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVX advanced for three days, in of 381 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for CVX crossed bearishly below the 50-day moving average on June 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CVX broke above its upper Bollinger Band on July 13, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for CVX entered a downward trend on July 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 32, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CVX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.031) is normal, around the industry mean (2.260). P/E Ratio (32.645) is within average values for comparable stocks, (23.130). Projected Growth (PEG Ratio) (0.771) is also within normal values, averaging (1.221). Dividend Yield (0.037) settles around the average of (0.041) among similar stocks. P/S Ratio (1.930) is also within normal values, averaging (2.165).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a company which explores and refines oil and natural gas
Industry IntegratedOil
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