SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (74013)10/23/2023 9:05:13 AM
From: E_K_S  Respond to of 78476
 
Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.



To: E_K_S who wrote (74013)11/16/2023 1:04:45 PM
From: Paul Senior  Read Replies (1) | Respond to of 78476
 
Oil down about 5% apparently, and CVX drops to 12-mo low.
I see Buffett has reduced his position.

I'll go for a few shares. Seems like a nice entry point for a ltb&h within a diversified portfolio. P/e 10, div yield a bit over 4% with annual dividend increases.

I've always had regrets not holding on to my CVX shares bought in early 1990's when I was a contractor at Chevron.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News