Chevron's Hess Megadeal Is Quickly Paying Off
After a long, hard-fought battle, (NYSE: CVX) finally closed its roughly $60 billion acquisition of Hess this July, and that megadeal has quickly paid dividends. It helped fuel a significant increase in Chevron's production and free cash flow (FCF) during the third quarter.
Here's a look at Chevron's recent quarterly results and what's ahead for the oil company.
Image source: Getty Images.
Source Fool.com
Chevron Corp. Stock
€157.30
0.830%
With 37 Buy predictions and 3 Sell predictions Chevron Corp. is one of the favorites of our community.
On the other hand, the target price of 153 € is below the current price of 157.3 € for Chevron Corp., so the potential is actually -2.73%.
