Market Movers rounded up the most recent reactions to Chevron ‘s inventory strikes from the professionals, together with Jim Cramer , as one other mega-merger within the vitality sector was introduced Monday. Chevron is buying Hess for $53 billion and the deal comes slightly below two weeks after Exxon Mobil purchased Pioneer Pure Assets for $59.5 billion. Chevron CEO Mike Wirth and Hess CEO John Hess joined CNBC on Monday morning to debate the all-stock, $171 per share transaction and what it can imply for traders. Chevron’s inventory closed Monday’s buying and selling session down 3.7%.
Market Movers rounded up the most recent reactions to Chevron‘s inventory strikes from the professionals, together with Jim Cramer, as one other mega-merger within the vitality sector was introduced Monday.
Chevron CEO Mike Wirth and Hess CEO John Hess joined CNBC on Monday morning to debate the all-stock, $171 per share transaction and what it can imply for traders.
Chevron’s inventory closed Monday’s buying and selling session down 3.7%.
