Blockbuster Natural-Gas Merger Is Almost Too Perfect

[ad_1] Jan. 11, 2024 12:04 pm ET Chesapeake Energy’s merger with Southwestern Energy would create the largest natural-gas-focused producer in the U.S. It also creates an investment story that is…

FTC Probes Chevron’s $53 Billion Deal for Hess

[ad_1] Updated Dec. 8, 2023 11:34 am ET The Federal Trade Commission is investigating Chevron’s $53 billion proposed deal to buy Hess, the second-biggest oil megamerger this year.   Chevron and…

Why Exxon and Chevron’s Deals Leave Investors Cold

[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…

An American Family Oil Dynasty Ends as Hess Sells

[ad_1] Listen to article (2 minutes) One of the first things you notice when entering the Hess Tower in downtown Houston is the original forest-green truck that Leon Hess drove…

Exxon, Chevron Invest in the West as Global Conflicts Increase

[ad_1] Updated Oct. 25, 2023 12:01 am ET Listen to article (2 minutes) As the world becomes more dangerous, the two largest Western crude producers are focusing their investments closer…

Hess Midstream reports higher Q3 income, after Chevron buys Hess

[ad_1] NEW YORK, Oct 25 (Reuters) – Hess Midstream LP (HESM.N) on Wednesday reported a rise in third quarter net income versus the year earlier period, with the announcement coming…

Exxon, Chevron Look to the West in an Increasingly Uncertain World

[ad_1] Oct. 24, 2023 11:00 pm ET Listen to article (2 minutes) As the world becomes more dangerous, the two largest Western crude producers are focusing their investments closer to…

Oil giant Chevron agrees to buy rival Hess for $53B | CBC News

[ad_1] Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil…

Hess Cancels Earnings Release Conference Call

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Chevron and Exxon Might Have Kicked Off an Oil Land Grab

[ad_1] The smell of mergers and acquisitions is in the air following more than $110 billion worth of oil megadeals this month—Chevron’s agreement to buy Hess and Exxon Mobil’s deal…