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Chevron Stock Underperforms Amidst Hess Acquisition Uncertainty
Chevron Corporation's stock, currently at $156, has increased by 10% in the past year, lagging behind the S&P 500 and Exxon Mobil due to investor uncertainty surrounding its $53 billion acquisition of Hess, which is facing potential legal challenges from Hess's partner, Exxon.
Chevron Stock Underperforms Amidst Hess Acquisition Uncertainty
Chevron Corporation's stock, currently at $156, has increased by 10% in the past year, lagging behind the S&P 500 and Exxon Mobil due to investor uncertainty surrounding its $53 billion acquisition of Hess, which is facing potential legal challenges from Hess's partner, Exxon.
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