Chevron Emerges Victorious in Its Big Oil Battle With Exxon. Time to Buy the Oil Stock?

Chevron (CVX -1.11%) recently received some long-awaited news: The oil giant won its arbitration case against ExxonMobil (XOM -3.45%), enabling it to close its acquisition of Hess. The transformative transaction will create a top-tier integrated oil and gas company. Chevron now has visible production and free cash flow growth into the 2030s. Here's a look at how this transformative transaction will reshape Chevron and whether these changes make the oil stock a buy. A bigger and better oil giant Now that Che ...