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Chevron Corporation to merge with Hess Corporation after stockholder approval

PUBLIC · CVXMay 28, 2024

Acquiring Company

Chevron

Acquired Company

Hess Corporation

HoustonNew YorkManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable EnergyEnergyOil And Gas

Description

Hess Corporation has received stockholder approval for its proposed merger with Chevron Corporation. The merged entity aims to become a premier integrated energy company to deliver significant shareholder value in the future.

Quick answer

Chevron is acquiring Hess Corporation, announced May 28, 2024. Chevron is based in Houston, Texas, United States.

How much did Chevron pay for Hess Corporation?
The deal value was not disclosed.
What does Chevron do?
Chevron is one of the world’s leading integrated energy companies.
Where are Chevron and Hess Corporation based?
Chevron is based in Houston, Texas, United States. Hess Corporation is based in New York, New York, United States.
Who are the decision-makers at Chevron?
Fundz holds 4 contacts at Chevron. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Chevron

Location

1400 Smith Street

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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Sean
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Frequently asked

Who acquired Hess Corporation?

Hess Corporation was acquired by Chevron, based in Houston. The deal was reported on May 28, 2024. 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 May 28, 2024. Hess Corporation has received stockholder approval for its proposed merger with Chevron Corporation. The merged entity aims to become a premier integrated energy company to deliver significant shareholder value in the future. 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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