Chevron Posts Massive 8.3 billion Loss After Coronavirus Pandemic Crushed Demand

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ThePitBoss
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[size=5][b]Chevron $CVX completed acquisition of Noble Energy following approval by $NBL shareholders
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In July, Chevron agreed to acquire all Noble Energy in all-stock transaction valued at $5 billion, or $10.38 per share, adding Noble Energy’s proved reserves to Chevron’s global upstream portfolio. The proved reserves will be acquired for under $5 per oil equivalent barrel.