Acquiring Company
Chevron Corporation
Acquired Company
Hess Corporation
HoustonNew YorkManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyEnergyOil And GasDescription
Chevron Corporation is set to acquire Hess Corporation through a stock conversion at a fixed exchange ratio of 1.0250. As of September 9, 2026, Hess Corporation stock will be delisted following the merger completion. Shareholders will receive new Chevron shares for each Hess share held. This merger transitions Hess investors into a larger integrated energy company.
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Based on deal dataFrequently asked
Who acquired Hess Corporation?
Hess Corporation was acquired by Chevron Corporation, based in Houston. The deal was reported on September 9, 2026. Chevron Corporation is a multinational energy corporation headquartered in the United States. Chevron Corporation is publicly traded (CVX) and operates in Manufacturing.
When did Chevron Corporation acquire Hess Corporation?
Chevron Corporation's acquisition of Hess Corporation was reported on September 9, 2026. Chevron Corporation is set to acquire Hess Corporation through a stock conversion at a fixed exchange ratio of 1.0250. As of September 9, 2026, Hess Corporation stock will be delisted following the merger completion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hess Corporation do?
Hess Corporation is a leading global independent energy company involved in the exploration and production of crude oil and natural gas. It is privately held, operating in Energy, and is based in New York.
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