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ExxonMobil and Chevron are supporting their high dividend yields with cash flow. ExxonMobil completed its acquisition in May ...
Mehta also flagged Chevron's recent $53 billion all-stock acquisition of Hess Corp. as a long-term growth lever, expected to ...
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close ...
Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Chevron merger is unlikely given the current stable oil market, recent major acquisitions by both companies, and potential ...
Exxon spent 7.6% more on buybacks and dividends in 2023 than it did in 2022. But Chevron boosted its capital return program by 17.9% in 2023, including a whopping 31.9% increase in buybacks.
Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.
Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record.
Just 12 days later, Chevron (CVX 0.81%) followed suit with its $53 billion all-stock merger with Hess (HES 1.45%). Exxon's announcement marked its largest deal since Exxon and Mobil merged in 1999.
Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green ...