Chevron’s Victory in Oil-Patch Brawl Was a Much-Needed Win
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Hess, Chevron
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Chevron's integrated business and its rock-solid balance sheet help secure its dividend. Diamondback Energy is a well-run oil and gas company that offers good upside due to the potential for higher oil prices.
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Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest problems - where its growth will come from beyond the next few years
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
Chevron Corp. is on the cusp of reaching a production plateau in the largest US oil field, allowing it to reap billions of dollars of additional cash flow in the next few years.
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Chevron (CVX) gets the green light to move forward with its $53 billion acquisition of Hess (HES), after an arbitration panel rejected ExxonMobil's (XOM) claim in a dispute over assets in Guyana. BP (BP) is offloading its US onshore wind business to LLS Power,