opening bell and the CNBC realtime exchange this morning. At the big board, it's the New York City Emergency Management Department and at the NASDAQ Finwise Bankorp marking its addition to the US Small Cap Russell 2000 index as we're going to open with some fresh intraday highs at 6313. Watching the impact as we came out of yesterday with a nice head of steam.I mean, this is the market that doesn't quit. What's on top today though, which is different, is energy, which is up 1% today. Why.Well, you just hear ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain best practices in content production and search engine optimization [5]

In a pivotal moment for the energy sector, Chevron Corporation‘s CVX has won a dispute with Exxon Mobil Corporation XOM over Hess Corp’s HESS offshore oil assets in Guyana.Exxon CEO Darren Woods confirmed the latest news in an interview with CNBC on Friday.The International Chamber of Commerce’s (ICC) ruling, which favors Chevron, allows the oil major to complete its $53 billion acquisition of Hess.“We disagree with the ICC panel’s interpretation but respect the arbitration and dispute resolution process. A ...

Let's get to the big deal news of the day. Chevron completing its acquisition of Hess after an arbitration panel cleared the way for their merger. $55 billion total enterprise value for the deal including debt.Chevron CEO Mike Worth joins us here at Post 9 first on CNBC to discuss the deal. Welcome. Good morning Sarah.Hey Carl. Good to see you. It's a big day for you.You have been confident all along that that you would prevail and now you got the word. How's it feel. It feels good.Uh we have maintained fro ...

Core Viewpoint - Chevron Corp. has agreed to acquire Hess Corp. for $53 billion, aiming to enhance production growth in the U.S. oil industry, which is optimistic about the future of fossil fuels [2][3]. Company Overview - Chevron, a prominent player in the oil industry, is known as one of the "seven sisters" that emerged after the breakup of the Standard Oil monopoly in 1911 [3]. - Hess Corp. is recognized as a significant independent oil producer in the U.S., with valuable assets including a 30% stake in the Guyana development, which is a key attraction for Chevron in this acquisition [4]. Strategic Implications - The merger is expected to enhance Chevron's growth profile into the next decade, potentially driving greater long-term value for shareholders [5]. - The acquisition is anticipated to be accretive to Chevron's bottom line, generating significant free cash flow and production growth into the 2030s [9]. Regulatory and Competitive Landscape - Chevron initially expected minimal regulatory hurdles for the acquisition, but ExxonMobil filed a challenge to the arrangement, citing concerns over contract terms and preemption rights [3][6]. - The International Chamber of Commerce ruled in favor of Chevron, allowing the acquisition to proceed despite ExxonMobil's objections [7]. Production and Economic Impact - ExxonMobil has significantly developed the Stabroek Block offshore Guyana, with current production levels exceeding 650,000 barrels of oil per day (bopd) and expectations to double production to over 1.3 million bopd by the end of 2027 [8]. - The government of Guyana is projected to receive over $10 billion annually from oil-related payments by the end of the decade, highlighting the economic significance of these developments [8].

雪佛龙在完成收购赫斯的交易后，开盘上涨2.5%。 ...

智通财经7月18日电，因雪佛龙完成对赫斯的收购，赫斯首席执行官、首席运营官和首席财务官将退出 赫斯董事会。 ...

Group 1 - Chevron (CVX.US) won an arbitration battle against ExxonMobil (XOM.US), clearing a key obstacle for its $53 billion acquisition of Hess (HES.US) [1] - The arbitration, lasting over 20 months, concluded with an international chamber expert group supporting Chevron and Hess, ruling that ExxonMobil does not have a right of first refusal on a 30% stake in the Stabroek block offshore Guyana [1][2] - Following the arbitration result, Hess's stock surged 7.67% in pre-market trading, while Chevron's stock rose 3.7%, indicating positive market sentiment towards the deal [1] Group 2 - The Stabroek block has proven recoverable reserves exceeding 11 billion barrels of oil equivalent, with production surpassing 600,000 barrels per day, making it one of the fastest-growing oil and gas production bases globally [2] - The arbitration victory ended a period of strategic uncertainty for Chevron, which had faced stock pressure due to legal risks [2] - The U.S. Federal Trade Commission (FTC) also lifted a ban on Hess founder John Hess joining Chevron's board, further facilitating the transaction [2] Group 3 - The resolution of this arbitration marks a significant outcome in the commercial competition among North America's three major energy giants, allowing Chevron to solidify its asset base in Guyana [3] - This case provides an important precedent for defining rights in global oil and gas industry mergers and acquisitions [3]

雪佛龙完成对 赫斯的收购。 ...

智通财经7月18日电，雪佛龙完成对赫斯的收购。 ...