Advertisement
New Zealand markets open in 1 hour 11 minutes
  • NZX 50

    12,632.82
    +11.20 (+0.09%)
     
  • NZD/USD

    0.6152
    +0.0005 (+0.07%)
     
  • ALL ORDS

    8,217.00
    +25.10 (+0.31%)
     
  • OIL

    66.39
    -2.32 (-3.38%)
     
  • GOLD

    2,545.40
    +12.70 (+0.50%)
     

Did Chevron Just Force ExxonMobil's Hand?

Did Chevron Just Force ExxonMobil's Hand?

Chevron (NYSE: CVX) recently made a big splash. It agreed to acquire PDC Energy (NASDAQ: PDCE) in a $7.6 billion deal. The highly strategic and accretive acquisition will provide Chevron with a meaningful boost.