Hess’s Industry-Beating Valuation Is Sign of Investor Confidence

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Hess’s Industry-Beating Valuation Is Sign of Investor Confidence
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Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of North Dakota. It also delivers a richly-valued oil independent.

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Chevron to Buy Hess for $53 Billion in Latest Oil MegadealChevron to Buy Hess for $53 Billion in Latest Oil Megadeal(Bloomberg) -- Chevron Corp. agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets on an enduring ...
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Chevron to buy Hess Corp for $53 billion in all-stock dealChevron to buy Hess Corp for $53 billion in all-stock dealChevron is offering $171 for every Hess share, implying a premium of about 4.9% to the share's last close. CEO John Hess of Hess Corp, is expected to join...
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Chevron to buy Hess Corp for US$53-billion in all-stock dealChevron to buy Hess Corp for US$53-billion in all-stock dealThe deal puts two of the top oil giants, Chevron and Exxon Mobil, head-to-head in two of the world’s fastest growing oil basins – shale and Guyana
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Chevron to buy Hess Corp for $53 billion in all-stock dealChevron to buy Hess Corp for $53 billion in all-stock dealChevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by...
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Chevron to buy Hess Corp for $53 billion in all-stock dealChevron to buy Hess Corp for $53 billion in all-stock dealExplore stories from Atlantic Canada.
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