CVX Jun 2024 145.000 put
| Previous Close | 0.0500 |
| Open | 0.0300 |
| Bid | 0.0200 |
| Ask | 0.0400 |
| Strike | 145.00 |
| Expire Date | 2024-06-07 |
| Day's Range | 0.0300 - 0.0300 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 109 |
Simply Wall St.With 67% ownership, Chevron Corporation (NYSE:CVX) boasts of strong institutional backing
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ReutersOil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves
Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come. The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of slowing as companies rush to deploy their cash hoard from higher oil prices into building even bigger reserves through acquisitions. Earlier this month, Exxon closed its $60 billion purchase of Pioneer Natural after receiving a go-ahead from U.S. regulators.
