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

Business Circle TeamBy Business Circle TeamOctober 23, 2023Updated:August 21, 2025No Comments1 Min Read
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Chevron to Buy Hess for  Billion in Stock. Oil M&A Is Booming.
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  1. M&A

By

Adam Clark

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

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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.

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