Acquiring Company
Chevron
Acquired Company
Hess Corporation
HoustonNew YorkManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyEnergyOil And GasDescription
Chevron has completed the acquisition of Hess in a deal valued at $55 billion. This acquisition positions Chevron to capitalize on the Stabroek Block off Guyana, which is central to its future production growth. The management expects to enhance free cash flow and sustain dividend increases for its shareholders.
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Who to call at Chevron, and when
When Chevron changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- Who you already know at Chevron, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Hess Corporation?
Hess Corporation was acquired by Chevron, based in Houston. The deal was reported on January 26, 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 January 26, 2026. Chevron has completed the acquisition of Hess in a deal valued at $55 billion. This acquisition positions Chevron to capitalize on the Stabroek Block off Guyana, which is central to its future production growth. 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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