Chevron-Hess Merger Moves Forward, But Delays Persist The FTC approval is a key step in finalizing the merger between the two oil giants, which was approved by Hess shareholders in May.

Every quarter the merger is delayed, its shareholders lose the chance for a dividend payment from Chevron -- a major incentive since Chevron's dividend is four times bigger than the Hess payout.

Hess Corp.'s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a ...

Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.

Chevron's $53B merger with Hess facing delays due to arbitration with Exxon and CNOOC. FTC may approve deal this week, but final decision expected by Sept 2025.

Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

Chevron will offer 1.025 of its shares for each Hess share. If the deal closed on Monday, Hess investors would receive $162.69 for each share, based on Chevron's closing price of $158.72.

John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.

With so many news items clamoring for investors' attention, investors may not have noticed that the U.S. Federal Trade Commission (FTC) approved the merger between Chevron Corporation CVX and Hess ...