Arbitration ruling on Exxon’s ROFR claim could determine whether Chevron’s $53B all-stock Hess deal proceeds or collapses. Analyst sees Chevron’s FCF hitting $18/share by 2028, with upside ...

Chevron is so confident it will win that it recently bought about 5% of Hess' stock on the open market, valued at over $2 billion at Hess' current $46.5 billion market cap.

Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal. Cash-rich oil giants are taking advantage of high prices and surging profits to snap ...

NEW YORK — Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Chevron's potential deal with Hess for its stake in the Exxon-operated Stabroek oil project in Guyana could face challenges as the consortium says it has the right to counter Chevron's offer ...

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of th ...

Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors, Chevron said in a press release Monday, Oct. 23, 2023.

Chevron is paying for Hess with stock. Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. Including debt, Chevron valued the deal at $60 billion.

(AP) - Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Chevron is paying for Hess with stock. Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. Including debt, Chevron valued the deal at $60 billion.