Previous close | 146.44 |
Open | 146.38 |
Bid | 146.42 x N/A |
Ask | 146.78 x N/A |
Day's range | 146.38 - 146.44 |
52-week range | 128.82 - 162.92 |
Volume | |
Avg. volume | 2,636 |
Market cap | 267.809B |
Beta (5Y monthly) | 1.11 |
PE ratio (TTM) | 14.60 |
EPS (TTM) | 10.03 |
Earnings date | 26 Jul 2024 - 30 Jul 2024 |
Forward dividend & yield | 5.98 (4.09%) |
Ex-dividend date | 16 May 2024 |
1y target est | N/A |
Hess (HES) shareholders have ultimately given the green light for the energy giant to be acquired by Chevron (CVX). Yahoo Finance Senior Business Reporter Ines Ferré breaks down the latest on this merger and comments from Chevron after the Hess shareholders vote. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Hess shareholders voted on Tuesday to approve a $53 billion merger with Chevron removing the first of three question marks hanging over the deal. The news is particularly important for Chevron, which is counting on the Hess deal to bulk up its future production. Chevron stock rose 0.8% on Tuesday, and Hess climbed 0.4%.
(Bloomberg) -- Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgages Stuck Around 7% Force