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Chevron expects the Hess acquisition to drive "significant" production and free-cash-flow growth into the 2030s, which should also mean bigger returns for shareholders. Buffett loves dividends, and ...
Chevron merger is unlikely given the current stable oil market, recent major acquisitions by both companies, and potential regulatory hurdles.
Officials with Chevron say they completed their acquisition of the Hess Corporation as part of a $53 billion purchase. Hess ...