Prediction: Chevron Will Prevail Over ExxonMobil and Close This Needle-Moving Acquisition

Chevron's patience should pay off.Chevron (CVX 0.60%) made a very bold move last fall, agreeing to buy Hess (HES 0.09%) in a nearly $60 billion deal. The needle-moving acquisition would enhance the company's portfolio and extend its growth profile. That's why it is working hard to close the transaction despite several delays. ExxonMobil (XOM 2.14%) is causing the biggest delay. The big oil giant launched a dispute over contractual language related to the deal. As a result, the companies are seeking arbitrat ...