Chevron Corp (CVX) is an energy giant that barely needs an introduction. A global energy powerhouse, Chevron was founded as Standard Oil of California in 1879 and became Chevron Corporation in 1984. Chevron is a component of the Dow Jones Industrial Average and since 2008; but was also part of the index from 1930 to 1999. The current downturn in the oil and energy prices have put a downward pressure on the stock prices, but Chevron has stood through such storms, wars, and recessions in the past. A dividend champion that has a record of raising dividends for 27 years, a 4.2% entry yield is lucrative – this article looks at the fair price of Chevron Corp.