Seasonality
CVX seasonality — Chevron Corporation
Over the last 11 years, CVX's strongest month on average has been November (+4.3%) and its weakest August (-1.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.67% | +0.51% | 60% | +16.1% | -11.1% | 10 |
| Feb | +1.61% | +3.70% | 70% | +17.4% | -12.9% | 10 |
| Mar | +1.73% | +3.39% | 80% | +13.1% | -22.4% | 10 |
| Apr | +0.84% | -1.13% | 40% | +27.0% | -18.7% | 10 |
| May | -1.21% | -0.49% | 40% | +11.5% | -10.7% | 10 |
| Jun | -1.06% | +0.87% | 60% | +9.3% | -17.1% | 10 |
| Jul | +3.91% | +3.30% | 60% | +18.7% | -5.9% | 10 |
| Aug | -1.92% | -2.53% | 20% | +5.9% | -7.8% | 10 |
| Sep | -0.54% | +0.14% | 50% | +9.2% | -14.2% | 10 |
| Oct | +2.75% | -0.16% | 50% | +25.9% | -13.6% | 10 |
| Nov | +4.29% | +1.33% | 67% | +25.4% | -4.2% | 9 |
| Dec | -0.20% | +1.87% | 60% | +5.5% | -10.6% | 10 |
Monthly returns heat map — CVX
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.1 | 5.6 | 10.8 | -6.6 | -5.6 | -9.2 | 18.7 | 4.7 | -0.9 | 15.3 | -9.7 | +39.5% | |
| 2025 | 3.0 | 6.3 | 5.5 | -18.7 | 0.5 | 4.8 | 5.9 | 5.9 | -3.3 | 1.6 | -4.2 | 0.8 | +5.2% |
| 2024 | -1.2 | 3.1 | 3.8 | 2.2 | 0.6 | -3.6 | 2.6 | -7.8 | -0.5 | 1.1 | 8.8 | -10.6 | -2.9% |
| 2023 | -3.0 | -7.6 | 1.5 | 3.3 | -10.7 | 4.5 | 4.0 | -1.6 | 4.7 | -13.6 | -1.5 | 3.9 | -16.9% |
| 2022 | 11.9 | 9.7 | 13.1 | -3.8 | 11.5 | -17.1 | 13.1 | -3.5 | -9.1 | 25.9 | 1.3 | -2.1 | +53.0% |
| 2021 | 0.9 | 17.4 | 4.8 | -1.6 | 0.7 | 0.9 | -2.8 | -5.0 | 4.8 | 12.8 | -1.4 | 4.0 | +39.0% |
| 2020 | -11.1 | -12.9 | -22.4 | 27.0 | -0.3 | -2.7 | -5.9 | -0.0 | -14.2 | -3.5 | 25.4 | -3.1 | -29.9% |
| 2019 | 5.4 | 4.3 | 3.0 | -2.5 | -5.2 | 9.3 | -1.1 | -4.4 | 0.8 | -2.1 | 0.8 | 2.9 | +10.8% |
| 2018 | 0.1 | -10.7 | 1.9 | 9.7 | -0.7 | 1.7 | -0.1 | -6.2 | 3.2 | -8.7 | 6.5 | -8.5 | -13.1% |
| 2017 | -5.4 | 1.0 | -4.6 | -0.6 | -3.0 | 0.8 | 4.7 | -1.4 | 9.2 | -1.4 | 2.7 | 5.2 | +6.4% |
| 2016 | 5.5 |