Trade Chevron with LHFX
Chevron is one of the world's largest integrated energy companies, operating across oil and gas exploration, production, and refining. Its stock moves with crude oil and natural gas prices, production volume growth, refining margins, and the company's capital allocation between fossil fuels and energy transition.
CVX Price Chart
Live CVX Spread
Real-time market pricing
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Spreads are variable and sourced from the live market. Values shown are real-time.
Trading Conditions
Max Leverage
1:20
Commission
$3 per side
Platform
MetaTrader 5 + LHFX Trade
Execution
STP/ECN
Trading Hours
Monday - Friday, 9:30 AM - 4:00 PM ET
About Chevron
Chevron Corporation is a US integrated oil and gas major founded in 1879 (as Pacific Coast Oil), headquartered in Houston since 2024, and listed on the NYSE under CVX. Chevron is the second-largest US oil major by market capitalisation after ExxonMobil. The company operates two main segments: Upstream (exploration and production of oil and natural gas) and Downstream (refining, fuels, lubricants, petrochemicals). 2024 total revenue was roughly $193 billion, with Upstream contributing the majority of net income.
Upstream production averaged 3.34 million barrels of oil equivalent per day in 2024, with the US Permian Basin (Texas and New Mexico) as the highest-growth asset at over 900,000 boepd. Major international assets include the Tengiz field in Kazakhstan, deepwater Gulf of Mexico, Australian LNG (Gorgon and Wheatstone), and West Africa. Downstream operates US refineries in California, Mississippi, and Utah, plus joint-venture refining in South Korea, Singapore, and Thailand.
Chevron has paid an uninterrupted dividend for 37 consecutive years (as of 2024) and is a member of the S&P 500 Dividend Aristocrats. The 2024 dividend was roughly $6.52 per share annualised, a yield of approximately 4 to 5% depending on the share price. Share buybacks have run at $10 to 17 billion per year in recent years.
At LHFX you trade CVX as a CFD on the NYSE listing, not by buying the share. You profit or lose based on CVX share-price movement, and you can go long or short. Settlement is in USD. Dividend adjustments on the ex-dividend date are passed through: long positions receive the equivalent of the gross dividend, and short positions are debited the same amount.
Maximum leverage on CVX CFDs at LHFX is 1:20. Trading hours are US cash-equity hours, 14:30 to 21:00 UTC Monday to Friday. Commission is $3 per side on raw spreads. CFDs let you take a directional view on oil-major equity with defined margin and the ability to short during oil-price drawdowns.
What moves CVX
- 01Brent and WTI crude oil prices. CVX is one of the most oil-price-sensitive large caps in the S&P 500. A sustained $10 per barrel move in WTI typically shifts CVX consensus earnings by roughly 15 to 25%. Daily oil moves of 2 to 4% routinely produce 1 to 2% CVX moves in the same direction.
- 02OPEC+ production decisions. OPEC+ ministerial meetings (the cartel plus Russia and other allies) occur monthly and announce production-cut or production-increase decisions. These move CVX both directly via oil prices and via implications for Chevron's own production plans.
- 03Permian production growth. Chevron exited 2024 producing roughly 990,000 boepd in the Permian, on a 1 million boepd 2025 target. Quarterly Permian production updates and any commentary on capital efficiency relative to ExxonMobil's Pioneer-acquisition assets are watched closely.
- 04Hess acquisition and Guyana exposure. The Hess Corporation acquisition, completed in mid-2025 after arbitration with ExxonMobil over the Stabroek block consent rights, gives Chevron a 30% interest in the Guyana Stabroek block (operated by ExxonMobil at ~660,000 bopd in 2024 and growing). Guyana production milestones from ExxonMobil now flow through to CVX results.
- 05Capital return announcements. Chevron's annual dividend increase (typically announced in January) and quarterly buyback pace updates set the share-price floor. A buyback-pace cut on a quarterly call is a negative single-day catalyst; a dividend raise is a positive medium-term catalyst.
How to trade CVX at LHFX
Open an LHFX account and fund it. Minimum deposit is $10. Card and crypto deposits settle in around 20 minutes; bank wires take 1 to 3 business days.
Open MetaTrader 5 or the LHFX Trade web platform and add CVX to Market Watch. Trading hours are 14:30 to 21:00 UTC Monday to Friday. Spreads are raw with a flat $3 per side commission, so a round-trip costs $6 plus the natural spread.
Size your position to your account, not to the 1:20 cap. CVX is moderately volatile for a large-cap integrated oil major. Daily 1 to 2% moves are typical, oil-shock days produce 4 to 7% moves, and earnings days run 3 to 5%. A reasonable starting position is one where a 6% adverse CVX move costs no more than 2 to 3% of your account.
Set a stop loss before entry. CVX gaps on weekend OPEC+ statements and major geopolitical events affecting Middle East supply.
Use limit orders around earnings (typically late January, late April, late July, late October) and ahead of scheduled OPEC+ meetings. Pre-OPEC+ sessions often see compressed CVX volume and wider spreads.
Watch ex-dividend dates. Chevron pays quarterly, with ex-dates typically in mid-February, mid-May, mid-August, and mid-November. Long CFD positions receive the gross dividend on the ex-date; short positions are debited.
Worked example. On a $1,000 account at a $150 CVX price, opening 1 share of CVX CFD requires $7.50 margin at 1:20 leverage (1 share x $150 / 20). A 6% adverse move on that 1 share costs $9, or 0.9% of your account. If you instead opened 5 shares ($37.50 margin), the same 6% move costs $45, or 4.5% of the account. Run the math on every entry before clicking buy.
Risks specific to CVX
CVX carries two stock-specific risks beyond general equity-market exposure. The first is concentrated commodity-price risk. Chevron's upstream segment generates the majority of net income and is directly exposed to Brent and WTI prices. A 30% oil-price drawdown (a not-uncommon event historically) typically produces a 20 to 30% CVX drawdown over the following quarters as consensus earnings reset. The OPEC+ ministerial-meeting calendar creates concentrated catalyst risk roughly once a month.
The second is geopolitical and asset-specific risk. Tengiz in Kazakhstan represents a meaningful share of upstream cash flow and is exposed to Russia-related transit risk via the Caspian Pipeline Consortium. The Guyana Stabroek block (acquired via Hess) is subject to ongoing border claims by Venezuela. Either situation can produce headline-driven sell-offs without any operational impact.
Mitigations. Keep position size small enough that a 6 to 8% commodity-shock move is survivable. Set a hard stop before entry. Avoid holding leveraged CVX into OPEC+ ministerial meetings unless the catalyst is the trade. Track WTI and Brent prices alongside CVX during the trading session.
Frequently asked questions about CVX
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