Fuelin’ Around: Chevron Buys Hess
The Truth About Cars
OCTOBER 23, 2023
for somewhere in the neighborhood of $53 million. Chevron went ahead and paid $171 per share for the company they usurped, roughly 10 percent more than its value compared to its average over the last three weeks. In what is being described by talking heads as an “all-stock transaction”, Chevron Corp. has agreed to purchase Hess Corp.
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