Chevron to Buy Hess for $53 Billion in Stock. Oil M&A Is Booming.

Adam Clark

Up to date Oct 23, 2023, 9:45 am EDT / Unique Oct 23, 2023, 5:24 am EDT

Chevron mentioned Monday it agreed to purchase fellow oil firm Hess in an all-stock deal valued at $53 billion. It’s one other main deal within the vitality sector, which Chevron mentioned would assist help larger shareholder returns.

Proceed studying this text with a Barron’s subscription.

View Choices

Source link

What's Hot

The best microSD Express cards for the Switch 2

Imperial Petroleum (IMPP) Q4 Earnings Surge 250% YoY to $0.35 EPS on Strong Tanker Utilization

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

Chevron to Buy Hess for $53 Billion in Stock. Oil M&A Is Booming.

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

What Netflix’s acquisition of Ben Affleck’s AI filmmaking company really shows

U.S. crude oil jumps after Iran says it attacked a tanker

Best Debt Settlement Companies of 2026: Compare Fees and Savings

The best microSD Express cards for the Switch 2

Imperial Petroleum (IMPP) Q4 Earnings Surge 250% YoY to $0.35 EPS on Strong Tanker Utilization

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

As RTO surges, childcare benefits demand rises

Subscriber Search Is Now Up To 12x Faster

15 Legal Mistakes First-Time Founders Should Avoid

What's Hot

Chevron to Buy Hess for $53 Billion in Stock. Oil M&A Is Booming.

Related Posts