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Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.
Chevron's Net Undeveloped Acreage # for the annual that ended in Dec. 2025 was 40,146,000.00
, which is higher than
32,252,000.00 for the pervious year ended in Dec. 2024.
The historical rank and industry rank for Chevron's Net Undeveloped Acreage # or its related term are showing as below:
CVX's Net Undeveloped Acreage # is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Net Undeveloped Acreage # only.
Chevron (NYSE:CVX) Net Undeveloped Acreage # Explanation
Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.
Chevron Net Undeveloped Acreage # Related Terms
Chevron Net Undeveloped Acreage # Historical Data
* Premium members only.
The historical data trend for Chevron's Net Undeveloped Acreage # can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CVX vs XOM, NFG, DEC: Net Undeveloped Acreage # Comparison
For the Oil & Gas Integrated subindustry, Chevron's Net Undeveloped Acreage #, along with its competitors' market caps and Net Undeveloped Acreage # data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Net Undeveloped Acreage # of 0.00 mean?
Chevron (CVX) has a Net Undeveloped Acreage # of 0.00 as of Mar. 2026. Net undeveloped acreage means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas. View historical data on Chevron and its competitors.
Is Chevron's Net Undeveloped Acreage # too high?
Chevron's current Net Undeveloped Acreage # is 0.00. Overall, Chevron has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chevron's Net Undeveloped Acreage # compare to XOM and NFG?
Chevron's Net Undeveloped Acreage # of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Undeveloped Acreage # for an Oil & Gas company?
A good Net Undeveloped Acreage # depends on the Oil & Gas industry context. However, Net Undeveloped Acreage # should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Undeveloped Acreage # mean?
A high Net Undeveloped Acreage # can signal that a stock is expensive relative to its fundamentals. Net undeveloped acreage means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas. View historical data on Chevron and its competitors. Chevron's current Net Undeveloped Acreage # is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chevron stock overvalued right now?
Based on GuruFocus' analysis, Chevron (CVX) is currently considered Modestly Overvalued. The stock's GF Value™ is $151.24, compared to a current price of $194.79 — trading 28.8% above its estimated fair value. The current Net Undeveloped Acreage # is 0.00. Chevron's overall GF Score™ is 61/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Undeveloped Acreage # calculated?
Net Undeveloped Acreage # is calculated from a company's financial statements. For Chevron (CVX), the current Net Undeveloped Acreage # is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chevron (CVX) Overvalued in 2026?
Based on GuruFocus' analysis, Chevron stock appears to be overvalued.
The current stock price of $194.79 is trading 28.8% above its estimated GF Value™ of $151.24.
GuruFocus considers Chevron to be Modestly Overvalued.
Key valuation signals for CVX:
Net Undeveloped Acreage #: 0.00
GF Value™: $151.24 vs. price of $194.79 (28.8% above fair value)
No single metric tells the full story. See the CVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.
61GF Score
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