XOM Jun 2024 60.000 call
- Reuters
Hess-Chevron merger vote appears ripe for narrow approval
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp. Hess, 70, has spent the past month visiting or calling dozens of investors to gather support. The sale seemed all but certain last fall and Hess still appears poised to win, based on Reuters' interviews with large investors.
- Zacks
3 Permian Explorers Poised to Gain as Oil Prices Stay High
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
- Bloomberg
Oil Driller’s 1,400% World-Beating Rally Hinges On Milei Reforms
(Bloomberg) -- Miguel Galuccio knows shale.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Denies Degrees to 13 Protesters, Defies Faculty VoteThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup of Live Nation-TicketmasterHe was a founder of Argentina’s burgeoning boom, leading the first incursions into its heralded oil and gas field known as Vaca Mue
