HES Sep 2024 150.000 put
| Previous close | 8.00 |
| Open | 8.00 |
| Bid | 6.40 |
| Ask | 9.50 |
| Strike | 150.00 |
| Expiry date | 2024-09-20 |
| Day's range | 8.00 - 8.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 9 |
ReutersHess investors to vote on Chevron deal amid growing postponement calls
Hess Corp shareholders will vote on Tuesday on Chevron's proposed $53 billion acquisition of the company, after many investors have called for a delay in hopes of obtaining a better offer for their shares. The deal has been stalled in part by a regulatory review and clouded by an arbitration dispute with Exxon Mobil, which could push the deal's closing to 2025 or result in its termination. Chevron is counting on approval to win a foothold in oil-rich Guyana's lucrative offshore fields.
ReutersHess-Chevron merger vote appears ripe for narrow approval
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp. Hess, 70, has spent the past month visiting or calling dozens of investors to gather support. The sale seemed all but certain last fall and Hess still appears poised to win, based on Reuters' interviews with large investors.
ZacksBP Halts Development Talks on Manakin-Cocuina Gas Project
BP's interest in the region is part of its broader strategy to boost natural gas production in Trinidad, where it has witnessed a significant decline.
