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Chevron buys about 5% of Hess stock

GlobalData on MSN · 15h

Chevron buys around 5% of Hess shares ahead of merger

Chevron agreed to purchase Hess in October 2023, aiming to expand its presence in the oil-rich Stabroek block.

Barron's on MSN · 1d

Chevron Buys Hess Shares. It’s Still Waiting to Own the Whole Thing.

Chevron is on the verge of buying oil company Hess. But as Chevron waits to swallow its rival, it is snacking on Hess shares—at a discount to the implied acquisition price. Chevron revealed the purchase of 4.

Reuters on MSN · 1d

Chevron buys about 5% of Hess stock, says it is confident of merger

Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday.The second-largest U.

12d

Chevron Remains A Compelling Opportunity

Chevron's growth initiatives and cost-cutting measures signal future cash flow growth. Read more about CVX stock here.

1d

Chevron Buys $2.3 Billion Hess Stake on Merger Confidence

Chevron Corp. bought nearly 5% of Hess Corp. as a show of confidence that it will win the arbitration battle with Exxon Mobil ...

Investor's Business Daily on MSN5d

How Hess Midstream Has Hiked Its Dividend For 35 Straight Quarters

Fee-based contracts have allowed Hess Midstream to have predictable cash flows and thus reliable dividend distribution ...

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