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acquisitionAnnounced · Jan 26, 2026Oil and GasSource · CredibleArticle · Factual
CHEVRON acquires Hess Corporation
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$53B
Target
Hess Corporation
NYSE: HES · New York City, New York
Acquirer
CHEVRON
Full Acquisition
Status
Pending
CHEVRON agreed to acquire Hess Corporation. Reported deal value: $53B. Status: Pending. Sector: Oil and Gas. Target headquarters context: New York City, New York, United States.
This page summarizes publicly available information about the transaction as of 2026-01-26. Figures and status may change as filings and press coverage update.
Fool Chevron Acquisition : Chevron $ 55 billion acquisition of Hess enhances its production capabilities in the Stabroek Block off Guyana, with management projecting a 10 % annual growth in free cash flow over the next five years to support ongoing dividend increases
Deal timeline
Announced
Jan 26, 2026 · intellectia.ai
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Oil and Gas with a reported deal value of $53B. Figures and status may change as sources update.
Sources: intellectia.ai · Primary article · FireStrike proprietary index