Can Chevron Investors Look Past $200M-$400M Hess Q3 Drag?

Key Takeaways Chevron projects a $200M-$400M after-tax Q3 earnings drag from integrating Hess.Excluding one-time charges, adjusted earnings face a $50M-$150M negative impact.Hess assets add 450K-500K barrels per day, despite some operational downtime.Chevron Corporation ((CVX) recently finished its major acquisition of Hess, but the financial costs of merging the two massive companies will temporarily hit its short-term results. The U.S. oil giant disclosed that it expects the merger to reduce its third-qua ...