Chevron to Buy Hess for $53 Billion in Stock. What It Means for Its Dividend.
Hess #Hess
By Adam Clark
Updated Oct 23, 2023, 9:45 am EDT / Original Oct 23, 2023, 5:24 am EDT
*{pointer-events:none;}.css-1ftbuf0-MainStack:has(:focus-visible){outline-color:rgba(54,119,168,1);outline-style:solid;outline-width:3px;outline-offset:1px;}]]>*{pointer-events:none;}.css-ligzvc-MainStack:has(:focus-visible){outline-color:rgba(54,119,168,1);outline-style:solid;outline-width:3px;outline-offset:1px;}]]>Share
Reprints
Chevron said Monday it agreed to buy fellow oil company Hess in an all-stock deal valued at $53 billion. It’s another major deal in the energy sector, which Chevron said would help support higher shareholder returns.
Continue reading this article with a Barron’s subscription.
View Options