Previous Close | 2.0000 |
Open | 1.9500 |
Bid | 1.5100 |
Ask | 1.8000 |
Strike | 135.00 |
Expire Date | 2024-12-20 |
Day's Range | 1.7400 - 1.9500 |
Contract Range | N/A |
Volume | |
Open Interest | 466 |
JPMorganChase, Chevron, Cisco Systems, Atrion and The Eastern are part of the Zacks top Analyst Blog.
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.
Hess (HES) shareholders approve a $53 billion merger with Chevron despite the ongoing legal dispute over Guyana's Stabroek block assets.