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Hess Corporation Stock (US42809H1077): Chevron Closes $53 Billion Acquisition Deal
Chevron has successfully completed its $53 billion all-stock acquisition of Hess Corporation, gaining significant interests in Guyana’s Stabroek Block and strengthening its position in the U.S. energy sector. The deal, finalized on April 28, 2026, integrates Hess’s assets into Chevron’s global portfolio, enhancing Chevron’s presence in high-growth oil regions. Hess shareholders received Chevron shares, and the company’s independent operations have ceased.