Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For those seeking dependable income, energy stocks with a strong history of consistent dividend payments and increases are particularly appealing. Here, we spotlight three companies — Phillips 66, Hess Midstream, and Enterprise Products Partners — demonstrating solid dividend […]
Tag: Hess
Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
By Sabrina Valle HOUSTON (Reuters) – A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations. The third and final arbitrator […]
Hess shareholders vote, approve $53 billion Chevron merger
Hess (HES) shareholders have ultimately given the green light for the energy giant to be acquired by Chevron (CVX). Yahoo Finance Senior Business Reporter Ines Ferré breaks down the latest on this merger and comments from Chevron after the Hess shareholders vote. For more expert insight and the latest market action, click here to watch […]
Ken Griffin Is Snapping Up These Dividend Stocks: Hess And 2 More
Ken Griffin Is Snapping Up These Dividend Stocks: Hess And 2 More Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ken Griffin, founder of Citadel in 1990, is widely regarded as a leading figure among contemporary hedge fund managers. Citadel stands as one of the largest […]
Hess facing three lawsuits over disclosures in Chevron deal
(Reuters) – Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron. Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana’s lucrative offshore fields. However, the deal has been stalled due to a conflict with Exxon […]
Exxon Considers Pre-Emption Rights to Hess’ Guyana Oil Stake
(Bloomberg) — Exxon Mobil Corp. and Cnooc Ltd. are considering exercising rights to acquire Hess Corp.’s stake in a giant offshore oil development in Guyana, potentially obstructing Chevron Corp.’s $53 billion deal to buy into the field. Most Read from Bloomberg Exxon and Beijing-based Cnooc already own stakes in Guyana’s Stabroek block and have the […]
How To Earn $500 A Month From Chevron Stock Ahead Of Hess Deal Closing
Chevron Corporation (NYSE: CVX) shares closed slightly higher on Thursday despite a decline in crude oil prices. Benchmark U.S. crude oil for February delivery declined 33 cents to settle at $73.89 per barrel on Thursday. The San Ramon, California-based company’s $53 billion all-stock deal for Hess (NYSE: HES) is scheduled for an early-2024 completion. Chevron and […]