Chevron closes Hess acquisition
Digest more
The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.
Chevron (NYSE:CVX)’s $53 billion acquisition of Hess Corp (NYSE:HES). can now proceed after an arbitration panel ruled in favor of Hess in its dispute with Exxon Mobil Corp (NYSE:XOM).
Chevron Corporation (NYSE:CVX) is one of the stocks that Jim Cramer shed light on. A caller inquired about the company and highlighted its increasing dividends and its preparation to close its acquisition of Hess.