9:57 ET -- Chevron is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Earlier Monday, Chevron announced plans to acquire fellow oil company Hess in a $53 billion deal that values Hess at $171 a share based on Chevron's Friday closing price. This acquisition follows news less than two weeks ago that Exxon Mobil will buy Pioneer Natural Resources in a deal valued at $60 billion. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)

 

(END) Dow Jones Newswires

October 23, 2023 10:13 ET (14:13 GMT)

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