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Chevron Buys Hess for $53B as Historic M&A Bonanza Continues

U.S. supermajor Chevron Corp. is acquiring Hess Corp. in a $53 billion megadeal less than two weeks after Exxon Mobil unveiled a nearly $60 billion Permian Basin acquisition. And experts think the historic run of oil patch consolidation is far from over. ....

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Analysis-Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters

By David French (Reuters) - Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an. ....

New York , United States , Greg Roumeliotis , David French , Andrew Dittmar , John Hess , Occidental Petroleum , Exxon Mobil , Noble Energy , Pioneer Natural Resources , Middle East , Marguerita Choy ,

Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters

Exxon Mobil and Chevron are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows the two largest U.S. energy companies to clinch. ....

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Analysis-Cash-Rich Exxon, Chevron Use Stock for Mega Deals Amid Energy Market Jitters

Analysis-Cash-Rich Exxon, Chevron Use Stock for Mega Deals Amid Energy Market Jitters
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New York , United States , Greg Roumeliotis , David French , John Hess , Andrew Dittmar , Noble Energy , Occidental Petroleum , Exxon Mobil , Pioneer Natural Resources , Middle East , Marguerita Choy ,

Chevron Buyout Of Hess Highlights Renewed Focus On Production Growth

This month s big merger deals announced by Chevron and ExxonMobil seem to be just the beginning of a consolidation wave in the oil patch. ....

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