Tag: $Chevron

Investors were clinging to a big earnings miss from Chevron -0.72%despite third-quarter revenue that beat expectations, sending shares in the energy giant lower on Friday.

Chevron
said on Monday it agreed to buy Hess
for $53 billion in stock, the second proposed mega-merger among the biggest U.S. oil players after Exxon Mobil
bid $60 billion for Pioneer Natural Resources
earlier this month.

Chevron CVX said Monday it acquire PDC Energy PDCE in an all-stock transaction valued at $6.3 billion, or $72 a share.