Chevron closes Hess acquisition
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Chevron has prevailed against Exxon Mobil in a dispute over Hess Corp.'s offshore oil assets in the South American nation of Guyana.
Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil projects in the world.
Chevron completed its $53 billion purchase of Hess after winning an arbitration case brought by rival Exxon Mobil and the China National Offshore Oil Corporation.
Hess Midstream offers stable returns via a fee-based model and Hess Corp partnership, but risks like concentration and debt loom. See more on HESM here.
The share price of Hess Corporation (NYSE:HES) surged by 6.91% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week. Hess Corporation (NYSE:HES) is a leader in deepwater development and production,
A critical ruling gave Chevron the go-ahead for a $53 billion acquisition of Hess, access to one of the biggest oil finds of the decade, and a big win
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Barchart on MSNHess Corporation's Q2 2025 Earnings: What to ExpectHess Corporation is expected to announce its fiscal second-quarter earnings later this month, and analysts project a double-digit earnings drop.