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Hess, Chevron
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
Chevron-Hess Merger Clears FTC Antitrust Review
Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction.
Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
FTC clears Chevron-Hess deal, bans John Hess from board
The FTC on Monday alleged that John Hess encouraged senior officials at OPEC to draw down inventories, which would result in higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.
FTC confirms Chevron-Hess deal approval barring John Hess from board
Chevron (CVX) and Hess (HES) confirm completion of FTC antitrust review for merger, with Hess CEO not joining Chevron board.
9h
Chevron Corporation (CVX): Warren Buffett’s Stock Recommended by Analysts
We recently compiled a list of the 8 Best Warren Buffett Stocks to Buy According to Analysts. In this article, we are going ...
10h
Chevron Corporation (CVX): Navigating Energy Volatility with Strong Dividend Payouts
Of the 912 hedge funds tracked by Insider Monkey at the end of Q2 2024, 64 funds owned stakes in Chevron Corporation ...
This Day
6h
Report: Chevron Paid More to African Petrostates Than US in 2023
Chevron Corporation paid $6.25 billion in taxes and shared oil production to Nigeria, Angola, and Equatorial Guinea in 2023, ...
10d
Chevron: Defensive Value Investment As Oil Drilling Falters On Demand Concerns
Chevron's strong balance sheet, low debt-to-equity ratio, and strategic acquisitions position it well for future growth. See ...
15h
on MSN
Should Investors Bet on Chevron Corp. (CVX) Amid Expanding Global Production?
We recently published a list of 10 Best Major Stocks to Invest In According to Analysts. In this article, we are going to ...
TMCnet
16h
Hess Announces HSR Clearance Of Chevron-Hess Merger
Hess Corporation (NYSE: HES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the ...
10d
Striking Oil: Why Chevron Remains A Strong Buy
Chevron offers strong shareholder returns with a 4.5% dividend yield and aggressive buybacks, translating to a 9.2% ...
3d
on MSN
Chevron Corporation (CVX): An Undervalued Wide Moat Stock to Buy According to Analysts
We recently compiled a list of the 10 Undervalued Wide Moat Stocks to Buy According to Analysts. In this article, we are ...
Opinion
11h
Opinion
Biden, Chevron’s Oil, and Venezuela
The White House is letting Maduro keep his oil-revenue lifeline.
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Related topics
New York Stock Exchange
United States
John B. Hess
Federal Trade Commission
Nigeria
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