hess corporation news

Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role

CVX's merger with Hess clears FTC review but John Hess steps into an advisory role after the FTC blocks his board appointment over OPEC-related concerns.

NationofChange · 11h

Evidence CEOs tried to illegally boost oil prices grows as FTC bars Hess from Chevron’s board

Hess Corp. CEO John Hess won’t be joining Chevron’s 12-person board of directors, even assuming the companies close their $53 billion deal, currently mired in arbitration, under a Federal Trade Commission (FTC) consent order made public today.

The New York Times · 1d

F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

The Federal Trade Commission said the oil giant could acquire the smaller company as long as the chief executive of Hess did not join its board.

Fintel on MSN1d

Wolfe Research Upgrades Hess (HES)

Fintel reports that on September 30, 2024, Wolfe Research upgraded their outlook for Hess (NYSE:HES) from Peer Perform to ...

bovnews11h

What’s Fueling Hess Corp (HES) Stock’s -6.86% Loss Below Its 200-Day SMA?

On Monday, Hess Corp (HES) stock saw a modest uptick, ending the day at $135.8 which represents a slight increase of $2.19 or 1.64% from the prior close of $133.61. The stock opened at $134.53 and ...

Hess upgraded at Wolfe on potential merger outcomes, Guyana resource boost

Wolfe Research raises Hess to Outperform, citing potential merger outcomes and Guyana resource visibility boost.

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