Sunday, December 22, 2024
Chevron CEO under pressure to halt share slide as Hess deal stalls- oil and gas 360

Chevron CEO under pressure to halt share slide as Hess deal stalls

(Yahoo Finance) – HOUSTON – Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market value larger than Exxon Mobil’s after he refused to get into a bidding war with Occidental Petroleum over a rival. He was ahead of the game when the pandemic hit oil and gas