After Chevron shelled out $53 billion for Hess Corp., the oil giant made a deal of its own, telling customers its iconic Hess Truck will remain a holiday staple. "IMPORTANT ANNOUNCEMENT FROM HESS: ...
After nearly two years, Chevron (CVX) looks set to close its $53 billion deal to buy rival Hess (HES) and clinch access to one of the most significant oil discoveries in decades. On Friday, an ...
Chevron is buying Hess for $53 billion in an all-stock deal. Shareholders will receive 1.025 Chevron shares per Hess share, at $171 per share, a 4.9% to Friday's closing price. The acquisition is the ...
HOUSTON – Chevron is expected to lay off more than 500 employees in Houston this fall as part of its integration with Hess Corporation, the company confirmed Thursday. The layoffs, which will affect ...
Hess Midstream LP (NYSE:HESM) on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp (NYSE:CVX) in the Bakken beginning in ...
Ty Roush is a breaking news reporter based in New York City. Chevron will acquire Hess Corporation as part of an all-stock transaction valued at $53 billion, the energy giant announced Monday, the ...