CVX vs SLB: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and SLB N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-09.
Chevron Corporation · Energy
$175.91
-3.4% upside to fair value
Grade D
VS
SLB N.V. · Energy
$48.09
-33.4% upside to fair value
Grade C
QuantHub Verdict
CVX has more upside to fair value
(-3.4%).
SLB trades at a lower forward P/E
(21.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
SLB |
| Current Price |
$175.91 |
$48.09 |
| Fair Value Estimate |
$169.96 |
$32.01 |
| Upside to Fair Value |
-3.4%
|
-33.4%
|
| Market Cap |
$350.3B |
$71.9B |
| Forward P/E |
30.4x
|
21.8x
|
| EV / EBITDA |
9.4x
|
10.9x
|
| Price / Sales |
1.9x
|
2.0x
|
| Price / FCF |
26.2x
|
15.4x
|
| Revenue Growth YoY |
+3.2%
|
+2.7%
|
| Gross Margin |
25.4%
|
17.3%
|
| Operating Margin |
8.4%
|
14.4%
|
| Return on Equity |
6.2%
|
13.5%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.82%
|
6.51%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
SLB N.V. is a global leader in oilfield services, specializing in well construction, production systems, reservoir performance, and digital solutions. The company benefits from a durable competitive moat anchored in technology, integrated service breadth, and global infrastructure, with a management team that has long tenure and deep industry experience. Despite solid free cash flow generation of…
Accumulation Zones
| Metric |
CVX |
SLB |
| Zone Low |
$127.47 |
$24.01 |
| Zone High |
$144.47 |
$27.21 |
| In Buy Zone? |
No
|
No
|