|Bid||99.55 x 1400|
|Ask||99.69 x 900|
|Day's Range||98.75 - 99.79|
|52 Week Range||98.02 - 120.70|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||9.89|
|Forward Dividend & Yield||3.80 (3.82%)|
|Ex-Dividend Date||Nov 14, 2023|
|1y Target Est||N/A|
The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. Chevron and Hess said in separate filings that the FTC is seeking additional information and documentary materials related to Chevron's proposed $53 billion purchase of Hess, announced in October. The statements Friday follow an announcement earlier this week that the FTC is reviewing ExxonMobil's proposed $60 billion acquisition of Pioneer Natural Resources. Such requests for information are steps the agency takes when reviewing whether a merger could be anticompetitive under U.S. law.
Energy stocks have slumped again. Time to buy or is it a trap?
Zacks.com users have recently been watching Exxon (XOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.