CERAWEEK Exxon Mobil CEO says not trying to acquire Hess [Reuters]
Hess Corporation (HES)
Last hess corporation earnings: 1/29 07:30 am
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Source: Reuters
over Hess Corp (HES.N) , opens new tab 's Guyana assets in its dispute with Chevron, not buy the company itself. In his first public remarks on the company's pursuit of an arbitration case that could block Chevron's $53 billion deal for Hess, Woods said Exxon would not have waited for Chevron to announce its Hess deal if it had wanted to buy Hess. "We're basically standing up for what we believe is a fundamental right," Woods told Reuters. Exxon is trying to "secure and confirm the rights in that contract gives the existing partners." Exxon wants to "evaluate that value and do what is in the best interest of Exxon Mobil shareholders, given the investments that we've made and all the work we've done to make that successful." Earlier this month, Exxon filed a contract arbitration claim over Hess' proposed sale of its Guyana oil properties, a move that left open the prospect of an Exxon counterbid. The arbitration case seeks to preserve Exxon's right to determine the value of H
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HES
News
- Hess sets May 28 shareholder vote on Chevron buyout [Reuters]Reuters
- Exxon, Chevron fall as first-quarter earnings miss estimates [BNN Bloomberg (Canada)]BNN Bloomberg
- Chevron reports Q1 profit beat [Yahoo! Finance]Yahoo! Finance
- Hess (HES) Q1 Earnings Beat on Higher Production Volumes [Yahoo! Finance]Yahoo! Finance
- Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies [Yahoo! Finance]Yahoo! Finance
HES
Earnings
- 4/25/24 - Beat
HES
Sec Filings
- 4/26/24 - Form DEFM14A
- 4/25/24 - Form 8-K
- 4/10/24 - Form SC
- HES's page on the SEC website