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Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.
HOUSTON (Reuters) -The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the ...
The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron can move forward with its planned $53B merger with Hess.
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 ...
While the wider market is thriving and touching record highs at the moment, the overall energy sector seems to be lagging ...
There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by sufficient cash flow and free cash flow, which enable the maintenance of ...
The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...
Exxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could ...
In May, Hess received the necessary shareholder approval to complete the merger with Chevron Corp. by a slight majority of 51%. In addition, Guyana's President Irfaan Ali approved Chevron's joining a ...
Both companies carry strong balance sheets, offer well-covered dividends, and trade at attractive valuations. Click for more ...