Key Insights The projected fair value for Chevron is US$262 based on 2 Stage Free Cash Flow to Equity Chevron's US$163...
Chevron's (CVX) exit from the North Sea follows the trend that several other U.S. oil companies have exhibited owing to the declining production in the region.
(Bloomberg) -- D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp., becoming the second major investor this week to come out against the deal. Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingChina Attempts to End Property Crisis With Broad Rescue PackageUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipWith a BlackRock CEO, $9 Trillion Va