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
€170.70
2.360%
With 49 Buy predictions and 1 Sell predictions Chevron Corp. is one of the favorites of our community.
With a target price of 179 € there is a slightly positive potential of 4.86% for Chevron Corp. compared to the current price of 170.7 €.
