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Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
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.
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.
While the wider market is thriving and touching record highs at the moment, the overall energy sector seems to be lagging ...
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 ...
Meanwhile, Hess and Chevron contend that the clause isn’t applicable to the sale of the entire company. Announced in October 2023, the anticipated acquisition is one of the largest transactions ...
There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by ...
Chevron says the Bishop well blowout in Weld County was caused by an equipment-installation failure. The Colorado Energy and Carbon Management Commission determinces next steps in the incident.
US stocks finished a choppy session more or less where they started on Tuesday on the back of yet more trade-related ...