Previous Close | 5.45 |
Open | 5.80 |
Bid | 5.55 |
Ask | 5.65 |
Strike | 120.00 |
Expire Date | 2025-01-17 |
Day's Range | 5.80 - 5.84 |
Contract Range | N/A |
Volume | |
Open Interest | 12.83k |
The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.
It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).
NVIDIA, Meta Platforms, Exxon Mobil, HF Foods and Blue Dolphin Energy are part of the Zacks Analyst Blog.