Stocks / CVX

What If You Had Invested in Chevron 10 Years Ago?

Chevron Corporation (CVX) with real monthly prices, dividends reinvested, through November 2026.

By kkun · Updated November 5, 2026

CVX $212.93 ▼ -1.86% last close, Nov 05, 2026

$1,000 onceNovember 2016

If you had invested $1,000 in CVX in November 2016, today it would be worth

$2,881

Same $1,000 in the S&P 500 (SPY): $3,895

$500 every monthNovember 2016 →

If you had put $500 a month into CVX since November 2016, your $60,500 would be worth today

$127,581

Same plan in the S&P 500 (SPY): $128,888

Try your own numbersCVX
$

CVX SPY Growth of $1,000

More options in the What If calculator.

CVX live price chart

CVX returns by period

PeriodTotal returnPer year$1,000 becameSPY per year
Aug 19, 2026$1.7800+0.0%
May 19, 2026$1.7800+0.0%
Feb 17, 2026$1.7800+4.1%
Nov 18, 2025$1.7100+0.0%
Aug 19, 2025$1.7100+0.0%
May 19, 2025$1.7100+0.0%
Feb 14, 2025$1.7100+4.9%
Nov 18, 2024$1.6300+0.0%
Aug 19, 2024$1.6300+0.0%
May 16, 2024$1.6300+0.0%
Feb 15, 2024$1.6300+7.9%
Nov 16, 2023$1.5100—

CVX year by year

Best full year: 2022 (+58.5%). Worst: 2020 (-26.0%).

YearCVXSPYWhat happened
2026 (so far)+43.6%+8.3%
2025+10.1%+17.7%
2024+1.3%+24.9%
2023-13.6%+26.2%
2022+58.5%-18.2%Energy prices surged after Russia invaded Ukraine.
2021+46.2%+28.7%
2020-26.0%+18.3%Oil demand collapsed in the pandemic and prices briefly went negative.
2019+15.3%+31.2%
2018-9.7%-4.6%
2017+10.6%+21.7%
2016+36.7%+12.0%
2015-16.2%+1.2%
2014-7.0%+13.5%
2013+19.3%+32.3%
2012+5.1%+16.0%
2011+20.3%+1.9%
2010+22.9%+15.1%
2009+8.1%+26.4%
2008-18.3%-36.8%
2007+30.5%+5.1%

CVX: all at once or every month?

Take $12,000: all of it on day one, or $1,000 a month for a year. Across every starting month since 1985 (491 of them), the lump sum was ahead after 12 months in 355 (72%). The lump sum usually won, but roughly one start in 4 favored spreading it out. The best case for monthly investing was a start in December 2019, when it finished the year 36% ahead.

Worst drop

CVX's worst fall in this history was -40.7%, a deep bear-market fall, from June 2019 to October 2020. It was back at the old high by October 2021, only 12 months after the bottom. $1,000 invested at that peak shrank to about $593 at the low.

Chevron dividends

CVX paid $7.05 per share over the last 12 months, quarterly. At $212.93 that is 3.31%, a moderate yield. From 2020 to 2025 the yearly payout grew +5.8% a year, steadily. The yearly total did not fall once in the last ten years. Amounts are adjusted for splits.

YearDividends / shareChangeYield
2025$6.84+4.9%4.49%
2024$6.52+7.9%4.50%
2023$6.04+6.3%4.05%
2022$5.68+7.0%3.16%
2021$5.31+2.9%4.52%
2020$5.16+8.4%6.11%
2019$4.76+6.2%3.95%
2018$4.48+3.7%4.12%
2017$4.32+0.7%3.45%
2016$4.29+0.2%3.64%

Yield = each year’s dividends divided by the price at the end of the year.

CVX dividend history: last 12 payments

Ex-dividend dateAmountChange
Aug 19, 2026$1.7800+0.0%
May 19, 2026$1.7800+0.0%
Feb 17, 2026$1.7800+4.1%
Nov 18, 2025$1.7100+0.0%
Aug 19, 2025$1.7100+0.0%
May 19, 2025$1.7100+0.0%
Feb 14, 2025$1.7100+4.9%
Nov 18, 2024$1.6300+0.0%
Aug 19, 2024$1.6300+0.0%
May 16, 2024$1.6300+0.0%
Feb 15, 2024$1.6300+7.9%
Nov 16, 2023$1.5100—

Stock splits

One share bought before 1962 is 16.8 shares today.

About Chevron

CompanyChevron Corporation
ListedNYSE (history back to 1879)
SectorEnergy
DividendPaid quarterly

Chevron is the second-largest U.S. oil company, producing oil and gas worldwide and running refineries. Like ExxonMobil its stock follows oil prices closely.

Chevron has raised its dividend for more than 35 years in a row, including through oil price crashes, and Berkshire Hathaway has been a large shareholder.

Questions about CVX

How much would $10,000 invested in CVX 20 years ago be worth today?

About $63,187 with dividends reinvested, invested at the November 2006 close: 531.9% in total, or 9.7% a year.

When does CVX pay dividends?

In the last 12 months the payments went out in February, May, August and November, $7.05 per share in total.

Did CVX beat the S&P 500?

No. Over the last 20 years it trailed by 1.0 percentage points a year: +9.7% a year for CVX against +10.6% for SPY, dividends reinvested. Its worst fall was milder than SPY's over the same history (-40.7% against -50.8%).

Related