Govt to Re-Engage Chevron Following Hess-Chevron Merger Developments
4 Articles
4 Articles
Exxon considering acquisition opportunities amidst low profits
After losing a lawsuit that allowed rival Chevron to acquire Hess for $53 billion, Exxon Mobil is now actively looking into acquisition possibilities. Although he stressed selectivity and long-term value, Exxon CEO Darren Woods acknowledged the company’s interest in pursuing new deals. “I think there are opportunities out there for us,” Woods said. “We’re working to see if we can’t bring some of those to fruition.” Exxon considering acquisition …
Chevron's Q2 Free Cash Flow Rises - CVX Stock Looks Cheap
Chevron reported a 15% increase in free cash flow (FCF) quarter-over-quarter (Q/Q), and following the closing of the Hess acquisition, its FCF outlook is now stronger. Assuming Chevron ups its dividend by 4%, CVX could be at least 10% undervalued.
Chevron's Record Oil and Gas Output Boosts Earnings Amid Price Challenges
In a testament to operational excellence, Chevron Corporation (CVX) has achieved record-breaking oil and gas production in the second quarter of 2025, positively influencing its earnings despite headwinds from lower commodity prices. This milestone underscores the resilience of traditional energy giants in a volatile market while highlighting key considerations for investors evaluating shareholder returns across the energy sector. Chevron’s Q2 2…
Govt to re-engage Chevron following Hess-Chevron merger developments
The Government of Guyana is expected to re-engage US energy giant Chevron in the wake of its merger agreement with Hess Corporation, which has direct stakes in Guyana’s lucrative offshore Stabroek Block. Vice President Bharrat Jagdeo Under the terms of the merger, Hess shareholders are set to receive 1.0250 shares of Chevron for each Hess share held, with Chevron poised to issue approximately 301 million shares of common stock to complete the t…
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