Chevron Emerges Victorious in Its Big Oil Battle With Exxon. Time to Buy the Oil Stock?

Chevron (NYSE: CVX) recently received some long-awaited news: The oil giant won its arbitration case against ExxonMobil (NYSE: XOM), enabling it to close its acquisition of Hess. The transformative transaction will create a top-tier integrated oil and gas company. Chevron now has visible production and free cash flow growth into the 2030s.Here's a look at how this transformative transaction will reshape Chevron and whether these changes make the oil stock a buy.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool