XOM Dec 2024 350.000 call(CONTR
- Reuters
Exxon-Hess arbitration panel nears formation, sources say
The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess had hoped would close in the first half of 2024. Exxon filed the arbitration claim with the International Chamber of Commerce (ICC) in March, arguing that it has a right of first refusal over Hess's assets in Guyana.
- Barrons.com
Exxon and Chevron Are Among the Safest Dividend Stocks. Check These Out, Too.
U.S. stocks account for two-thirds of a UBS list of reliable dividend payers, but some of the highest-yielding companies are based overseas.
- Investor's Business Daily
Is It Time To Buy ExxonMobil Stock As Oil Prices Hit Two-Month Highs?
XOM stock is climbing back from June lows along with the rise in oil prices. Exxon is fighting to block Chevron's acquisition of Hess. Is now the time to buy XOM?
