Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.
The FTC will approve Chevron's acquisition of Hess with one major condition, reports say. But that doesn't mean the deal will close anytime soon.
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M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC ApprovalChevron Corp. ($CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. ($HES) ...
Antitrust regulators are set to prevent Hess Corp CEO John Hess from joining the board of Chevron Corp as part of a $53-billion merger deal.
The Federal Trade Commission has said Hess Corp’s CEO must not join the board of Chevron if the two companies want the merger ...
Wells Fargo analyst Roger Read maintained a Hold rating on Hess (HES – Research Report) yesterday and set a price target of $151.00. The ...
Wells Fargo analyst Roger Read maintained a Buy rating on Chevron (CVX – Research Report) yesterday and set a price target of $169.00.
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