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Chevron to acquire Hess Corporation shares

PUBLIC · CVXSep 24, 2026about 3 hours ago

Acquiring Company

Chevron

Acquired Company

Hess Corporation

HoustonNew YorkManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyEnergyOil And Gas

Description

Chevron has announced the acquisition of Hess Corporation through a stock merger. Shareholders of Hess will receive 1.0250 shares of Chevron for each share of Hess. This corporate action was documented on September 23, 2026, marking a significant exchange in the energy sector.

Company Information

Company

Chevron

Location

Houston, Texas, United States

About

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

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Frequently asked

Who acquired Hess Corporation?

Hess Corporation was acquired by Chevron, based in Houston. The deal was reported on September 24, 2026. Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron is publicly traded (CVX) and operates in Manufacturing.

When did Chevron acquire Hess Corporation?

Chevron's acquisition of Hess Corporation was reported on September 24, 2026. Chevron has announced the acquisition of Hess Corporation through a stock merger. Shareholders of Hess will receive 1.0250 shares of Chevron for each share of Hess. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.