CVX
StockChevron Corporation
One email when a drop — in price or in valuation — is historically rare for CVX. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Chevron Corporation is 13.9% off its high — deeper than its 4.5% average pullback, but it has been through 282 drawdowns before. Not historically significant yet — we'll say so if that changes.
But down is not the same as cheap: Chevron Corporation's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.
Moderately Elevated
Current Drawdown
-13.9%
Days in Drawdown
105
Avg Max Drawdown
4.5%
Avg Length
50
Drawdown Severity Score™
2.9
CVX - Price & High Water Mark
CVX - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of July 12, 2026 · updated daily
Where today's valuation sits within CVX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Chevron Corporation has been cheaper on this measure only about 92% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Chevron Corporation has been cheaper on this measure only about 77% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Chevron Corporation (CVX) Analysis: Current Drawdown Insights
Chevron Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $181.76, which represents a 13.9% decline from its all-time high of $211.15. This drawdown has persisted for 105 days.
Based on its full tracked price history, Chevron Corporation typically experiences drawdowns averaging 4.5% in depth, with an average duration of 50 days. Chevron Corporation has gone through 282 total drawdown events in its tracked history. The largest drawdown on record for Chevron Corporation was 55.8%, beginning in 2019. The longest drawdown duration on record was 1159 days.
The Drawdown Severity Score™ for Chevron Corporation currently stands at 2.92. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Chevron Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 282 tracked pullbacks (65 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-03-31 | Ongoing | 105 days | -13.9% | $211.15 | $181.76 | n/a |
| 2026-03-25 | 2026-03-26 | 1 day | -0.8% | $206.80 | $205.15 | $207.80 |
| 2026-03-13 | 2026-03-17 | 4 days | -0.1% | $196.97 | $196.82 | $197.98 |
| 2026-03-09 | 2026-03-11 | 3 days | -1.9% | $189.94 | $186.29 | $191.79 |
| 2026-03-03 | 2026-03-05 | 3 days | -1.9% | $189.60 | $186.03 | $189.90 |
| 2026-02-12 | 2026-02-27 | 16 days | -2.8% | $185.82 | $180.55 | $186.76 |
| 2026-02-10 | 2026-02-11 | 1 day | -0.2% | $182.60 | $182.26 | $185.82 |
| 2026-02-05 | 2026-02-09 | 5 days | -1.1% | $181.23 | $179.19 | $182.60 |
| 2026-02-02 | 2026-02-03 | 1 day | -1.7% | $177.00 | $174.03 | $178.04 |
| 2023-01-27 | 2026-01-26 | 1096 days | -22.3% | $167.40 | $130.14 | $167.50 |
| 2022-11-16 | 2023-01-26 | 72 days | -10.0% | $166.35 | $149.76 | $167.40 |
| 2022-11-08 | 2022-11-11 | 4 days | -4.1% | $164.19 | $157.40 | $164.94 |
| 2022-11-02 | 2022-11-04 | 3 days | -2.0% | $161.19 | $157.90 | $162.25 |
| 2022-06-09 | 2022-10-28 | 142 days | -24.9% | $158.78 | $119.17 | $159.21 |
| 2022-05-31 | 2022-06-07 | 8 days | -2.0% | $156.28 | $153.11 | $157.97 |
| 2022-05-18 | 2022-05-24 | 7 days | -3.3% | $151.31 | $146.27 | $151.34 |
| 2022-04-19 | 2022-05-17 | 29 days | -10.2% | $151.19 | $135.85 | $151.31 |
| 2022-04-14 | 2022-04-18 | 5 days | -0.0% | $149.26 | $149.19 | $151.19 |
| 2022-03-14 | 2022-04-13 | 31 days | -7.7% | $148.59 | $137.12 | $149.26 |
| 2022-03-09 | 2022-03-10 | 2 days | -2.5% | $148.27 | $144.57 | $148.52 |
| 2022-02-14 | 2022-02-25 | 12 days | -3.6% | $119.44 | $115.12 | $122.06 |
| 2022-02-08 | 2022-02-11 | 4 days | -1.8% | $119.21 | $117.05 | $119.44 |
| 2022-02-03 | 2022-02-04 | 2 days | -0.9% | $116.51 | $115.47 | $116.92 |
| 2022-01-28 | 2022-02-02 | 6 days | -3.5% | $116.48 | $112.38 | $116.51 |
| 2022-01-19 | 2022-01-25 | 7 days | -1.9% | $111.32 | $109.20 | $114.09 |
| 2022-01-12 | 2022-01-14 | 3 days | -0.9% | $110.11 | $109.10 | $110.96 |
| 2021-12-28 | 2022-01-03 | 7 days | -1.2% | $102.21 | $100.97 | $102.62 |
| 2021-12-09 | 2021-12-27 | 19 days | -4.1% | $101.92 | $97.75 | $102.21 |
| 2021-11-26 | 2021-12-07 | 12 days | -4.3% | $100.83 | $96.46 | $101.46 |
| 2021-11-17 | 2021-11-23 | 7 days | -3.5% | $99.76 | $96.29 | $100.07 |
| 2021-11-10 | 2021-11-15 | 6 days | -1.6% | $98.67 | $97.10 | $99.37 |
| 2021-11-02 | 2021-11-05 | 4 days | -1.3% | $97.42 | $96.13 | $97.60 |
| 2021-10-27 | 2021-10-29 | 3 days | -1.8% | $97.05 | $95.33 | $97.39 |
| 2021-10-21 | 2021-10-25 | 5 days | -1.3% | $96.25 | $95.05 | $96.84 |
| 2019-07-25 | 2021-10-20 | 819 days | -55.8% | $95.97 | $42.44 | $96.25 |
| 2018-01-16 | 2019-07-24 | 554 days | -21.5% | $95.65 | $75.09 | $95.97 |
| 2018-01-09 | 2018-01-10 | 2 days | -0.5% | $92.02 | $91.52 | $92.11 |
| 2018-01-04 | 2018-01-08 | 5 days | -0.5% | $92.00 | $91.57 | $92.02 |
| 2017-12-27 | 2018-01-02 | 7 days | -0.6% | $90.19 | $89.63 | $91.34 |
| 2017-12-05 | 2017-12-20 | 16 days | -1.1% | $86.51 | $85.57 | $86.55 |
| 2017-10-18 | 2017-12-01 | 45 days | -5.6% | $85.27 | $80.53 | $85.56 |
| 2017-10-12 | 2017-10-16 | 5 days | -0.2% | $84.64 | $84.50 | $85.21 |
| 2017-10-06 | 2017-10-10 | 5 days | -1.3% | $84.11 | $83.01 | $84.26 |
| 2017-09-26 | 2017-10-05 | 10 days | -0.5% | $83.69 | $83.29 | $84.11 |
| 2014-07-25 | 2017-09-25 | 1159 days | -45.4% | $83.55 | $45.60 | $83.69 |
| 2014-06-24 | 2014-07-23 | 30 days | -3.4% | $82.39 | $79.59 | $82.94 |
| 2014-05-15 | 2014-06-12 | 29 days | -2.5% | $77.66 | $75.71 | $78.13 |
| 2014-05-08 | 2014-05-14 | 7 days | -1.0% | $77.54 | $76.81 | $77.66 |
| 2014-04-30 | 2014-05-07 | 8 days | -1.0% | $77.38 | $76.62 | $77.54 |
| 2014-04-24 | 2014-04-28 | 5 days | -0.6% | $76.60 | $76.17 | $77.24 |
| 2013-07-26 | 2014-04-23 | 272 days | -12.8% | $76.51 | $66.69 | $76.60 |
| 2011-10-31 | 2012-01-03 | 65 days | -15.2% | $62.03 | $52.63 | $62.94 |
| 2011-07-22 | 2011-10-27 | 98 days | -17.5% | $61.42 | $50.66 | $61.66 |
| 2008-05-21 | 2011-01-26 | 981 days | -43.8% | $52.07 | $29.25 | $52.32 |
| 2007-12-31 | 2008-04-23 | 114 days | -18.3% | $47.25 | $38.61 | $47.40 |
| 2005-09-30 | 2006-07-10 | 284 days | -16.5% | $30.61 | $25.58 | $30.66 |
| 2005-03-01 | 2005-08-10 | 162 days | -18.6% | $28.43 | $23.13 | $28.87 |
| 2001-06-05 | 2004-03-01 | 1001 days | -33.6% | $19.69 | $13.07 | $20.04 |
| 1999-04-30 | 2001-04-26 | 728 days | -29.4% | $19.49 | $13.76 | $19.52 |
| 1998-10-06 | 1999-03-22 | 168 days | -16.5% | $16.48 | $13.76 | $16.63 |
| 1997-10-08 | 1998-09-29 | 357 days | -19.2% | $15.96 | $12.89 | $16.31 |
| 1993-10-04 | 1995-01-25 | 479 days | -14.3% | $7.62 | $6.53 | $7.64 |
| 1991-03-27 | 1992-09-17 | 540 days | -20.4% | $5.52 | $4.39 | $5.55 |
| 1990-08-03 | 1991-03-25 | 235 days | -16.6% | $5.44 | $4.53 | $5.44 |
| 1987-07-20 | 1989-09-01 | 775 days | -41.7% | $3.70 | $2.15 | $3.70 |
| 1986-05-13 | 1986-08-12 | 92 days | -16.7% | $2.25 | $1.87 | $2.25 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Chevron Corporation (CVX) is trading at $181.76 as of Jul 14, 2026. It is 13.9% below its high of $211.15. The drawdown has lasted 105 days. Severity score: 2.9 (Moderately Elevated).
CVX Price History and Drawdown Data
Latest price
$181.76
High-water mark
$211.15
Current drawdown
-13.9%
Days in drawdown
105
This CVX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Chevron Corporation drawdowns.
What History Says About CVX
Chevron Corporation has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 780 days with an average max drop of -33.9%.
The current drawdown of -13.9% has lasted 105 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jul 2019 to Oct 2021 | -55.8% | 819 days |
| Jul 2014 to Sep 2017 | -45.4% | 1159 days |
| May 2008 to Jan 2011 | -43.8% | 981 days |
| Jul 1987 to Sep 1989 | -41.7% | 775 days |
| Jun 2001 to Mar 2004 | -33.6% | 1001 days |
| Apr 1999 to Apr 2001 | -29.4% | 728 days |
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