XOM Jan 2024 75.000 call
- Associated Press Finance
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. Chevron and Hess said in separate filings that the FTC is seeking additional information and documentary materials related to Chevron's proposed $53 billion purchase of Hess, announced in October. The statements Friday follow an announcement earlier this week that the FTC is reviewing ExxonMobil's proposed $60 billion acquisition of Pioneer Natural Resources. Such requests for information are steps the agency takes when reviewing whether a merger could be anticompetitive under U.S. law.
- Zacks
Energy Stocks: Deep Value or Traps?
Energy stocks have slumped again. Time to buy or is it a trap?
- Zacks
Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
