Chevron tops Exxon Mobil market cap for first time

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

A 2.05per cent rise in the share of Chevron on Wednesday lifted it's market capitalization above that of energy giant Exxon Mobil for the first ...

A 2.05per cent rise in the share of Chevron on Wednesday lifted it's market capitalization above that of energy giant Exxon Mobil for the first time as Chevron closes on its purchase of rival Noble Energy .

FILE PHOTO: The logo of Chevron is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas JacksonREUTERS: A 2.05per cent rise in the share of Chevron on Wednesday lifted it's market capitalization above that of energy giant Exxon Mobil for the first time as Chevron closes on its purchase of rival Noble Energy .

Chevron's market cap ended the day around US$142 billion, topping Exxon Mobil's US$141.65 billion market value at the end of trade, according to Refinitiv data and Chevron SEC filings pertaining to the Nobel deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines