Brief: Chevron To Divest Its Ownership Interests In Hess Midstream And Dj Basin Crude Midstream Assets
BRIEF-Chevron To Divest Its Ownership Interests In Hess Midstream And Dj Basin Crude Midstream Assets Oct 6 (Reuters) - Chevron Corporation CVX.N:
CHEVRON TO DIVEST ITS OWNERSHIP INTERESTS IN HESS MIDSTREAM AND DJ BASIN CRUDE MIDSTREAM ASSETS
CHEVRON CORPORATION - REVISED AGREEMENTS EXPECTED TO REDUCE BAKKEN UNIT MIDSTREAM COSTS BY ABOUT 50%
CHEVRON CORPORATION - TO TRANSFER HESS MIDSTREAM INTERESTS AND DJ BASIN ASSETS FOR $200 MILLION CASH
CHEVRON CORPORATION - EXPECTS TO DECONSOLIDATE HESS MIDSTREAM INCLUDING $3.70 BILLION OF DEBT
CHEVRON CORPORATION - EXPECTS ONE-TIME AFTER-TAX LOSS OF $3 BILLION-$4 BILLION AT CLOSING
CHEVRON CORPORATION - DEAL EXPECTED TO BE ACCRETIVE TO RETURN ON CAPITAL EMPLOYED BY 0.5%
CHEVRON CORPORATION - DEAL EXPECTED TO CLOSE BY YEAR-END 2026
Source text: ID:nBw8YTJfla
Further company coverage: CVX.N
((Reuters.Briefs@thomsonreuters.com;))
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