Name: ExxonMobil’s (XOM) Right of Refusal Halts Chevron-Hess Deal
Uploaded: 2024-06-21T23:47:47-04:00
Duration: 5 min
Description: Exxon Mobil Corporation’s XOM ongoing arbitration over its right of first refusal concerning Hess Corporation’s HES Guyana operations has put a significant hold on Chevron’s CVX $53-billion acquisition of Hess. This delay has stalled a decision on whether ExxonMobil has a right of first refusal over Hess’ lucrative Guyana operations. The arbitration panel, tasked with […]

Tag: XOM

ExxonMobil’s (XOM) Right of Refusal Halts Chevron-Hess Deal

Exxon Mobil Corporation’s XOM ongoing arbitration over its right of first refusal concerning Hess Corporation’s HES Guyana operations has put a significant hold on Chevron’s CVX $53-billion acquisition of Hess. This delay has stalled a decision on whether ExxonMobil has a right of first refusal over Hess’ lucrative Guyana operations. The arbitration panel, tasked with […]

Is It Time To Buy XOM Stock As Exxon Mobil Hits A Low Ahead Of Earnings?

Exxon Mobil (XOM) was removed from the Dow Jones Industrial Average in August 2020 after 92 years. The stock has weakened as oil prices keep falling. Can XOM stock reclaim the throne of the energy industry? Or has the stock peaked for good? Will Exxon Mobil’s next quarterly earnings report turn things around? X Exxon […]