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home / news releases / CVX - Chevron's $53 Billion Hess Acquisition: Is the Stock a Buy?


CVX - Chevron's $53 Billion Hess Acquisition: Is the Stock a Buy?

2023-10-26 06:02:00 ET

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down Chevron 's (NYSE: CVX) deal to buy Hess Corp (NYSE: HES) , what makes it look like a smart move, and whether they think Chevron stock is a buy now. They also compare it to ExxonMobil 's (NYSE: XOM) recent -- and very similar -- deal to acquire Pioneer Natural Resources (NYSE: PXD) .

*Stock prices used were from the morning of Oct. 24, 2023. The video was published on Oct. 25, 2023.

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Chevron's $53 Billion Hess Acquisition: Is the Stock a Buy?
Stock Information

Company Name: Chevron Corporation
Stock Symbol: CVX
Market: NYSE
Website: chevron.com

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