CVX May 2024 75.000 put
| Previous close | 0.1300 |
| Open | 0.0300 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 75.00 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0300 - 0.1300 |
| Contract range | N/A |
| Volume | |
| Open interest | 7 |
- Yahoo Finance Video
Sen. Schumer calls on FTC to stop Chevron merger with Hess
Senate Majority Leader Chuck Schumer has called on the Federal Trade Commission (FTC) to intervene in the proposed merger between Chevron (CVX) and Hess (HES), valued at $53 billion. Schumer claims the merger will allow oil companies to raise gas prices. Yahoo Finance Anchors Seana Smith and Jared Blikre discuss what these developments mean for the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Reuters
UPDATE 1-ISS recommends Hess shareholders abstain from voting for merger with Chevron
Proxy advisory firm ISS recommended on Monday that Hess shareholders abstain from voting for Chevron's proposed $53 billion acquisition of Hess. Hess shareholders are set to vote on the deal at a meeting scheduled for May 28. ISS questioned the timing for the vote amid uncertainty around the deal due to an arbitration process filed by Exxon Mobil claiming a right of first refusal (ROFR) over the deal.
BloombergHess Investors Should Abstain on Chevron Takeover, Proxy Firm Advises
(Bloomberg) -- Influential proxy giant Institutional Shareholder Services Inc. recommended Hess Corp. investors abstain from voting on the proposed $53 billion acquisition by Chevron Corp. Shares of both oil companies fell.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeISS c
