Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...

US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

Chevron Corporation CVX is on the cusp of a transformative opportunity as the arbitrators handling the dispute between Exxon Mobil Corporation XOM and Hess Corporation HES over its planned $53 billion ...

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

Chevron's strong Q1 results, attractive free cash flow yield, and undervaluation at 15x forward P/E support a bullish outlook ...

The closing of the acquisition has been delayed due to arbitration claims from Exxon and CNOOC, the other minority partner in ...

Shares of Hess Corp. advanced 4.82% to $150.23 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.07% to 6,225.52 and Dow Jones ...

Chevron is paying for Hess with stock, with shareholders receiving 1.025 shares of Chevron for each Hess share. Chevron said the deal is valued at $60 billion, including debt.

The Chevron-Hess deal is the latest in a series of mergers and acquisitions that are changing the industry. Occidental Petroleum acquired Anadarko Petroleum four years ago for $40 billion.

Chevron offered 1.025 of its shares for each Hess share, or about $171 per share, implying a premium of about 4.9% to the stock's last close. The total deal value is $60 billion, including debt.