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Buy Chevron Stock. It’s Been Punished Enough for Earnings and the Hess Deal.

Por: MarketWatch Business November 04, 2023

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Most of the drop has come during the past few weeks after a that included news of a surprise delay in the development of a key oil field in Kazakhstan, while Chevron’s $60 billion deal to buy (HES), an independent energy producer, not only failed to excite investors but was seen as a sign of weakness by some. . CEO Mike Wirth said the deal “positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio... + full article



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