Previous Close | 10.30 |
Open | 10.30 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 125.00 |
Expire Date | 2026-01-16 |
Day's Range | 10.30 - 10.30 |
Contract Range | N/A |
Volume | |
Open Interest | 22 |
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp. Hess, 70, has spent the past month visiting or calling dozens of investors to gather support. The sale seemed all but certain last fall and Hess still appears poised to win, based on Reuters' interviews with large investors.
BP's interest in the region is part of its broader strategy to boost natural gas production in Trinidad, where it has witnessed a significant decline.
(Bloomberg) -- John Hess, the boss of the oil company that bears his family name, is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.Most Read from BloombergNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashHarvard Defies Faculty Vote to Blo