Chevron Buyout Of Hess Highlights Renewed Focus On Production Growth
This month's big merger deals announced by Chevron and ExxonMobil seem to be just the beginning of a consolidation wave in the oil patch.
Chevron Bolsters Portfolio, Snapping Up Hess in $53 Billion Deal
Shares of Chevron Corp. NYSE: CVX gapped down hard on October 23 after saying it would buy fellow S&P 500 component Hess Corp. NYSE: HES in an all-stock deal valued at $53 billion.
Analysis: Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters
Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows the two largest U.S. energy companies to clinch tr...
ConocoPhilips Could Be the Next Big Oil Acquirer After Chevron-Hess Deal
ConocoPhilips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.
There are too many public oil and gas companies relative to investor interest, says Mark Viviano
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
U.S. equities came back from early losses to end Monday mixed after a jump in bond yields sent stocks sinking earlier in the session.
Chevron buys Hess: Where the next energy deal may come from
Just weeks after Exxon Mobil (XOM) announced it was buying Pioneer Natural Resources (PXD), Chevron (CVX) has announced it is buying Hess (HES) in a $53 billion all-stock deal. Enverus Intelligence...
Chevron-Hess or Exxon-Pioneer: Who got the better deal?
Neal Dingmann, managing director of energy research at Truist, joins 'Power Lunch' to discuss oil consolidation, geo-political risk surrounding oil prices, and more.
Hess Corporation Buyout: Chevron Is Going For The Gold
Chevron makes an offer for Hess, indicating strong interest in the profitable Guyana project. Chevron's entrance into the Guyana partnership suggests a higher value than previously seen. The recent...
Analysis: Mega transatlantic oil mergers less likely after Exxon, Chevron deals
The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said.
Chevron analysts see 3Q earnings beat even as profit falls
Chevron Corporation (NYSE:CVX) investors will likely be paying close attention to the company's third-quarter financial results on October 27 given its recently announced $53 billion deal to acquir...
Chevron and Hess CEOs on Why Their Merger Is a 'Win-Win'
Chevron Corp. CEO Mike Wirth and Hess Corp. CEO John Hess discuss why the companies decided to combine in a $53 billion deal. Chevron will pay $171 per share for Hess, a premium of about 10% to the...
Why Chevron Stock Is Running on Empty Today
Chevron has agreed to acquire Hess for $53 billion. The deal makes sense for long-term holders but is likely to create uncertainty in the near term.
Guyana is the best asset in global oil, says top energy analyst Paul Sankey
Paul Sankey, lead analyst at Sankey Research, joins 'Squawk on the Street' to discuss his thoughts on the recent deal between Chevron and Hess, why he didn't think Chevron could acquire Hess, and m...
Chevron Deal Makes Billionaire Hess Family Even Richer
John Hess exits company founded by his father.
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