What if you invested in Chevron in 2023?
CVX · Energy · Data through 2026-06-01
If you invested $1,000 in Chevron in 2023
The same $1,000 in the S&P 500 would be worth $1,916(+91.6%)
The S&P 500 returned $1,916 on the same $1,000. S&P 500 outperformed by $815.
Try a different start date
Pick any month and year to see what Chevron would be worth.
Compare Chevron to another stock
See how Chevron stacks up since 2023, head to head.
What if Chevron keeps this up?
Project forward at Chevron's 2.7% historical growth rate. See 5-30 year scenarios.
Growth of $1,000
Chevron vs. S&P 500 vs. US Dollar, 2023 to present
Year-by-Year Returns
$1,000 invested in Chevron starting January 2023
| Year | Price | Value | Annual |
|---|---|---|---|
| 2023 | $150.55 | $1,000 | - |
| 2024 | $132.56 | $880 | -12% |
| 2025 | $139.92 | $929 | +5.6% |
| 2026 | $173.60 | $1,153 | +24.1% |
What this return means
Chevron (CVX) turned $1,000 into $1,101 since 2023. The total return is +10.1% over 3.6 years, as of 2026-06-01.
That is only about 2.7% a year once you compound it across 3.6 years. By comparison the S&P 500 returned about $1,916 on the same stake, edging out Chevron by close to $815. The index compounded at about 19.9% a year, a reminder that a single stock can lag a basket of them.
The year-by-year record shows how bumpy the ride was. The best single year was 2025 at +5.6%, and the worst was 2024 at -12.0%. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.
None of this is a recommendation. It is a record of what already happened, and past performance does not guarantee future results.
What if you invested $100 a month instead?
Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Chevron at the close of every month from January 2023 through June 2026 means 42 buys and $4,200 contributed over about 3.5 years.
$100/month, dollar-cost averaged
$4,758
+13.3% on $4,200 in
Same $4,200, all in at the start
$4,624
+10.1% on $4,200 in
Spreading the buys out beat going all in at the start by $134. That happens when the price spent time below where it began, so averaging in caught the cheaper months. Averaging in also meant an average buy price of $146.32 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.
Illustrative fixed $100/month example, not a recommendation. Figures are computed from CVX split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.
Chevron at different times
See how the start year changes the outcome
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For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.