Hess, Chevron
FTC Bars Hess CEO From Joining Chevron Board in Merger
The Federal Trade Commission has said Hess Corp’s CEO must not join the board of Chevron if the two companies want the merger to go ahead.
US FTC close to approving Chevron’s $53bn acquisition of Hess
The deal's success now hinges on overcoming a challenge from ExxonMobil, which, alongside CNOOC, is contesting the merger.
Chevron-Hess Merger Could Soon Get FTC Approval: Report
Chevron's $53B merger with Hess facing delays due to arbitration with Exxon and CNOOC. FTC may approve deal this week, but final decision expected by Sept 2025.
FTC Bars Hess CEO From Chevron Board Seat as Condition of Deal, Say Sources
HOUSTON (Reuters) -U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess, people close to the matter said.
Chevron Set to Get FTC Green Light for Hess Deal
The FTC is expected to approve Chevron's $53 billion acquisition of Hess despite earlier challenges from Exxon and concerns from Democrats about higher gas prices.
John Hess Blocked From Joining Chevron Board As Part Of FTC Deal For Antitrust Approval Of $53B Chevron-Hess Merger: Report
CEO John Hess from joining the board of Chevron Corp. (NYSE:CVX) as part of a $53-billion merger deal. What Happened: Chevron has tentatively agreed to this condition to secure approval for the merger,
FTC Plans to Block Hess CEO from Chevron Board
John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.
Chevron agrees Hess CEO will not join board in deal with US regulator, Bloomberg News reports
Chevron, Hess and the FTC did not immediately respond to Reuters' requests for comments. The approval clears one hurdle, but Chevron still needs to win an arbitration challenge filed by Exxon Mobil over Hess' stake in a Guyana oilfield - a coveted asset in the proposed merger.
Hess Corp. stock outperforms competitors despite losses on the day
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Hess Midstream: Insider Sales Continue
An analysis of insider sales and upsized stock offering at Hess suggests potential pricing weakness, increased risk due to ...
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Hess Corp (HES) Stock: Surpassing Expectations in the Market?
Hess Corp (HES) stock saw a decline, ending the day at $132.21 which represents a decrease of $-3.34 or -2.46% from the prior close of $135.55. The stock opened at $135.12 and touched a low of $131.69 ...
Hess Corp. stock rises Tuesday, still underperforms market
Shares of Hess Corp. HES inched 0.16% higher to $135.55 Tuesday, on what proved to be an all-around favorable trading session ...
Wells Fargo Sticks to Their Hold Rating for Hess (HES)
Wells Fargo analyst Roger Read maintained a Hold rating on Hess (HES – Research Report) yesterday and set a price target of $151.00. The ...
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
Citigroup is acting as the bookrunning manager of the offering. The underwriter intends to offer the Class A shares from time to time for sale in one or more transactions on the New York Stock ...