WallStSmart

Chevron Corp (CVX)vsNational Fuel Gas Company (NFG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Chevron Corp generates 7660% more annual revenue ($184.65B vs $2.38B). NFG leads profitability with a 27.5% profit margin vs 6.7%. NFG appears more attractively valued with a PEG of 1.55. NFG earns a higher WallStSmart Score of 79/100 (B+).

CVX

Hold

40

out of 100

Grade: F

Growth: 2.0Profit: 5.0Value: 4.7Quality: 3.5
Piotroski: 1/9

NFG

Strong Buy

79

out of 100

Grade: B+

Growth: 7.3Profit: 8.5Value: 10.0Quality: 6.0
Piotroski: 6/9Altman Z: 1.17
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CVXSignificantly Overvalued (-358.0%)

Margin of Safety

-358.0%

Fair Value

$45.15

Current Price

$205.15

$160.00 premium

UndervaluedFair: $45.15Overvalued
NFGUndervalued (+74.5%)

Margin of Safety

+74.5%

Fair Value

$334.15

Current Price

$94.40

$239.75 discount

UndervaluedFair: $334.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CVX3 strengths · Avg: 8.7/10
Market CapQuality
$403.33B10/10

Mega-cap, among the largest globally

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$5.38B8/10

Generating 5.4B in free cash flow

NFG6 strengths · Avg: 8.7/10
Operating MarginProfitability
43.4%10/10

Strong operational efficiency at 43.4%

Return on EquityProfitability
20.7%9/10

Every $100 of equity generates 21 in profit

Profit MarginProfitability
27.5%9/10

Keeps 28 of every $100 in revenue as profit

P/E RatioValuation
13.2x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
18.6%8/10

18.6% revenue growth

Areas to Watch

CVX4 concerns · Avg: 3.3/10
P/E RatioValuation
30.4x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

NFG4 concerns · Avg: 3.0/10
PEG RatioValuation
1.554/10

Expensive relative to growth rate

EPS GrowthGrowth
3.0%4/10

3.0% earnings growth

Free Cash FlowQuality
$-2.71M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.172/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : CVX

The strongest argument for CVX centers on Market Cap, Price/Book, Free Cash Flow.

Bull Case : NFG

The strongest argument for NFG centers on Operating Margin, Return on Equity, Profit Margin. Profitability is solid with margins at 27.5% and operating margin at 43.4%. Revenue growth of 18.6% demonstrates continued momentum.

Bear Case : CVX

The primary concerns for CVX are P/E Ratio, Return on Equity, Profit Margin.

Bear Case : NFG

The primary concerns for NFG are PEG Ratio, EPS Growth, Free Cash Flow.

Key Dynamics to Monitor

CVX profiles as a value stock while NFG is a growth play — different risk/reward profiles.

CVX carries more volatility with a beta of 0.66 — expect wider price swings.

NFG is growing revenue faster at 18.6% — sustainability is the question.

CVX generates stronger free cash flow (5.4B), providing more financial flexibility.

Bottom Line

NFG scores higher overall (79/100 vs 40/100), backed by strong 27.5% margins and 18.6% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Chevron Corp

ENERGY · OIL & GAS INTEGRATED · USA

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

National Fuel Gas Company

ENERGY · OIL & GAS INTEGRATED · USA

National Fuel Gas Company is a diversified energy company. The company is headquartered in Williamsville, New York.

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