Hess’s Industry-Beating Valuation Is Sign of Investor Confidence

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Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of North Dakota. It also delivers a richly-valued oil independent.

An Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantBankrupt Cyxtera Looks to Sell Data Centers to BrookfieldIsrael Central Bank Cuts Growth Estimate as War Hits EconomyCelebrity-Backed Baby Brand Hello Bello Files for BankruptcyChevron Will Discontinue Oil Hedging Once Hess Deal Is CompleteWhen Japan Ends Negative Rate Policy, Treasuries Will SufferArgentina Heads to Runoff With Massa Surprisingly Leading VoteDisney Said to Near Multibillion-Dollar India Deal With RelianceIt’s...

Now Comes SummerOil holds near US$92 with Israel seen holding off invasion for nowBillionaire-Owned Africa Oil Driller Perenco Takes Coup in Its StrideChina Plans to Buy More Cobalt For Reserves After Prices PlungeEVs are getting easier to find — but with price tags out of reach for many CanadiansBusiness groups call on Ottawa to intervene as St.

 

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