Traders Eye Good Risk-Reward Potential, Huge Dividend Yield As Chevron Defeats Exxon In $53B Legal Battle
Retail traders cited dividend potential and improved energy outlook as key bullish drivers after Chevron’s legal win over Exxon and CNOOC cleared the way for its Hess deal.
Stocktwits·2mo ago
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Chevron Completes Acquisition of Hess Corporation
Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a...
Business Wire·2mo ago
Core Laboratories to Post Q2 Earnings: Key Metrics to Watch
CLB's second-quarter revenues are likely to have declined from the year-ago period's level due to weak segment revenues.
Zacks·2mo ago
OXY Stock is Trading Above 50-Day SMA: Time to Buy, Hold or Sell?
OXY is trading above its 50-day SMA after a 22.5% rally, fueled by Permian strength and international assets.
Zacks·2mo ago
How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Zacks·2mo ago
Strength Seen in Hess (HES): Can Its 4.8% Jump Turn into More Strength?
Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
HES exits Suriname's offshore Block 59, capping years of risky exploration after XOM and EQNR pulled out earlier.
Zacks·2mo ago
Final Decision Reached on Chevron's Disputed Hess Acquisition
CVX nears a decisive moment as arbitrators take final decision on its $53 billion Hess deal and entry into Guyana's top-tier oilfield.
Zacks·2mo ago
Why Hess (HES) is Poised to Beat Earnings Estimates Again
Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.