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Chevron is moving forward with its massive $53 Billion acquisition of Hess Corporation. This comes after winning a high-stakes legal battle against ExxonMobil. The dispute centers on rights to one of the most significant oil discoveries in decades is located off the coast of Guyana.
Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook. Learn why CVX stock is a buy.
Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset.
Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more than 20 months after the takeover was announced.
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Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Chevron Corp. announced Friday that it has completed its acquisition of Hess Corp. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world,
Thai oil and gas giant PTT Exploration and Production (PTTEP) has acquired full ownership of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) in a $450 million transaction with Chevron units.
We came across a bullish thesis on Chevron Corporation on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on CVX. Chevron Corporation’s share was trading at $149.