Chevron expects up to $400 million quarterly impact from Hess deal
Group 1 - Chevron expects a loss of $200 million to $400 million in Q3 due to the acquisition of Hess [1] - The $55 billion acquisition of Hess was completed in July after a legal victory over Exxon Mobil [1] - Excluding severance charges and other costs, Chevron anticipates an impact of $50 million to $150 million on adjusted earnings for the quarter [2] Group 2 - Chevron's net oil-equivalent production is expected to be between 450,000 and 500,000 barrels per day for Q3 [2] - Capital spending for the current quarter is projected to be between $1 billion and $1.25 billion [2]