Lower Prices Dent Hess Earnings
Hess posted $504 million in net profit for the third quarter.
Source: rigzone.com
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Ownership of top North Dakota oil producer changing hands; industry outlook is positive
One of North Dakota's largest oil and gas producers has announced plans to sell its assets to another major firm, possibly bringing more resources to the Bakken.
Source: bismarcktribune.com
Hess Family Scores $5 Billion Payout, and a Big Stake in Chevron
Leon Hess founded Hess Corp. with a secondhand truck delivering fuel oil during the depression. Ninety years later, his son, John Hess, has agreed to sell the US oil producer to Chevron Corp. in a deal that crystallizes the value of the stake controlled by the family at about $5 billion.
Source: dailymaverick.co.za
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices
Source: normantranscript.com
Benzinga Bulls And Bears: Tesla, Chevron, Eli Lilly And Dogecoin Co-founder's 3 Favorite Cryptos
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
Source: benzinga.com