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.
For further details see:
Chevron's $53 Billion Hess Acquisition: Is the Stock a Buy?