CVX Sep 2024 85.000 put
| Previous close | 0.0500 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.2100 |
| Strike | 85.00 |
| Expiry date | 2024-09-20 |
| Day's range | 0.0500 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 39 |
BloombergHess Investors Advised by Glass Lewis to Back Chevron Deal
(Bloomberg) -- Chevron Corp.’s $53 billion deal to buy Hess Corp. received a nod of support from a major proxy advisory firm that said shareholders should vote in favor of it.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets
Barrons.comWarren Buffett Isn’t the Only One Cooling on Chevron Stock
Buffett’s Berkshire Hathaway revealed this week that it had sold off some of its Chevron stock in the first quarter, along with shares of Paramount Global and Apple It sold all of its HP shares. In fact, Chevron scored the highest in a ranking of the most-shorted large-cap U.S. stocks by data company Hazeltree, beating out Tesla which came in second. To put together the report, Hazeltree polls about 700 asset managers, and ranks companies based on what percentage of the funds are shorting the stock.
ReutersProxy adviser Glass Lewis urges Hess shareholders accept Chevron offer
HOUSTON (Reuters) -Hess shareholders should vote in favor of Chevron's $53 billion all-stock offer at the oil company's May 28 special meeting, proxy adviser Glass Lewis said on Thursday. The proposed deal terms provide a reasonable valuation and offer the potential for upside to Hess shareholders, while the strategic and financial merits of the proposed merger "are sound and reasonable, on balance," Glass Lewis said. No. 2 U.S. oil producer Chevron last October offered to acquire rival Hess in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields, where Hess holds a 30% stake in a joint venture.
