If you had put $1,000 into Chevron stock 10 years ago, would it have been worth it? The answer depends on how you invested—and what your expectations were. Let us walk through how Chevron performed over the past decade and what your investment would look like today.
How much would $1,000 in Chevron stock be worth today
If you bought $1,000 worth of Chevron stock on May 1, 2014, and simply held onto it without reinvesting dividends, your investment would now be worth $1,674.07.
But if you reinvested your dividends along the way, that same $1,000 would have grown to about $1,948.27. That gives you an average annual return of 6.89%, based on data from Nasdaq and CNN Business.
So no, it is not a massive windfall—but it is steady growth, especially when you factor in the power of dividends.
Does Chevron pay dividends
Yes, and that has been a big part of its appeal for long-term investors. As of early May 2025, Chevron’s dividend yield sits at 4.04%, which is higher than its main rival ExxonMobil, which offers about 3.21%. Over 10 years, those quarterly dividend payments make a real difference—especially if you reinvest them.
So, if you are the kind of investor who values passive income, Chevron’s reliable dividend checks might be attractive.
How Chevron compares to the S&P 500
Now here is where the story gets interesting. While Chevron did give solid returns, it still trailed the broader market. A $1,000 investment in the S&P 500 index over the same 10-year period would have grown to $2,736.09, assuming dividend reinvestment. That is a 10.78% average annual return, significantly higher than Chevron’s 6.89%.
Even ExxonMobil, Chevron’s main competitor, did slightly better than Chevron, returning $1,754.73 with dividend reinvestment—an annual return of 5.78%.
So, while Chevron was not a bad investment, it was not the best either—especially compared to a more diversified option like the S&P 500.
Is Chevron still a good investment right now
It depends on what you are looking for.
- If you are chasing big growth, Chevron may not be the stock that gets you there.
- But if you want steady performance, solid dividends, and exposure to the energy sector, it might still be worth considering.
According to CNN Business, of 26 analysts tracking the stock, most rate Chevron as a “Buy”, and none currently recommend selling.
Chevron has also made small steps into alternative energy, but it is still primarily an oil and gas giant. That means its future returns may depend on how global energy trends shift in the years ahead.
What this teaches about long-term investing
Investing in individual stocks like Chevron can work out fine, but it comes with some risk. Some years will be rough. Others will reward your patience.
And sometimes, a simple S&P 500 index fund—which spreads your money across 500 different companies—can do a better job at growing your money with less drama.
Still, Chevron has shown it can weather economic storms and pay investors along the way. For many, that stability is worth something.
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