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Chevron to sell assets for $6.5 billion
Chevron to sell assets for $6.5 billion to Canadian Natural Resources
Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion its divestiture plan. The all-cash deal,
CNRL’s $6.5 Billion Chevron Deal Extends Oil Sands Buying Spree
Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has helped make it the country’s largest oil producer and brought Alberta’s massive oil sands deposits almost entirely under local control.
Chevron to sell assets for $6.5 billion, exits Canadian shale
Chevron Canada Ltd., an indirect subsidiary of Chevron, will sell its 20% non-operated interest in the Athabasca Oil Sands Project and its 70% operated interested in the Duvernay shale to Canadian Natural Resources Ltd. (NYSE: CNQ) in an all-cash transaction.
10h
Chevron: Challenging Setup Into H2 (Rating Downgrade)
Chevron’s downstream margins may remain below midcycle conditions. Learn more about CVX stock and why we’ve downgraded it to ...
16h
With federal agency guidelines in question after the Chevron decision, how should we look at existing employment policies?
Other federal agencies whose rules may now be in question include the Equal Employment Opportunity Commission (EEOC), the ...
8h
Chevron Corp. stock rises Monday, outperforms market
Chevron Corp. closed $19.05 short of its 52-week high ($170.17), which the company achieved on October 19th.
1d
Chevron: Think Of The Future - Buy
Despite recent profit declines, Chevron's balance sheet remains solid with $9B in cash and a low net debt-to-equity ratio of ...
Morningstar
22h
Chevron to Sell Oil Sands, Shale Assets to Canadian Natural for $6.5 Billion — Update
Chevron
is selling its stakes in some oil-sands and shale assets to Canadian Natural Resources for $6.5 billion, driving ahead with its effort to refocus its operations and adding to the wave of ...
Opinion
6d
Opinion
The End of Chevron Deference Will Be Messier Than Businesses Expect
It’s not a foregone conclusion that the results will benefit corporations, Nhat Nguyen writes in a guest commentary.
The Motley Fool
5d
Where Will Chevron Be in 10 Years?
Chevron
is one of the largest integrated energy companies on Earth. It has an attractive 4.5% dividend yield backed by 37 ...
4d
Chevron Commits $250,000 to Hurricane Helene Relief and Recovery Efforts
Chevron Corporation (NYSE: CVX) today announced a donation of $250,000 to support immediate relief and recovery efforts after ...
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Canadian Natural Resources
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