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Message
re: Chevron to Buy Hess for $53 Billion
Posted on 10/23/23 at 9:19 am to FOBW
Posted on 10/23/23 at 9:19 am to FOBW
quote:
The euros have changed their stance completely since their energy costs doubled after the Russian “ban”.
They were very lucky last winter that they didn't see major shortages and actually freeze in their homes in some areas. It ended up being a very mild winter and the oil and gas industry moved mountains to make sure they had supply.
0
Posted on 10/23/23 at 9:27 am to ragincajun03
I wish Mike would give me a bigger bonus. Hell nah...we buy Hess
Sigh
Sigh
Posted on 10/23/23 at 9:59 am to Macfly
quote:
I remember a lot of Hess stations in NJ and near NYC.
It was unforgettable that during the 1970's oil shortage and huge service station lines, they announced the release of millions of gallons of gasoline in the northeast on a Friday and magically all stations were open on Monday.
Ships carry product from the St. Croix refinery. The St. Croix refinery was built there due taxes and they actually could take supertankers at the refinery itself unlike anywhere else in Mainland USA.
Posted on 10/23/23 at 10:28 am to ragincajun03
paywall. I'm poor.
Posted on 10/23/23 at 10:33 am to cypresstiger
12ft.io Paywall removed.
Posted on 10/23/23 at 11:16 am to ragincajun03
quote:
Who’s next?
Diamondback
Posted on 10/23/23 at 11:54 am to ColoradoAg03
quote:
Diamondback
They were being talked about as a big target for someone to acquire back in 2015/16.
There’s also potentially Matador and Civitas out there. EOG, maybe?
Posted on 10/23/23 at 12:16 pm to ragincajun03
Civitas is looking to acquire. For companies focusing on the Permian, Matador and Permian Resources are prime targets along with Diamondback.
Posted on 10/23/23 at 7:24 pm to ColoradoAg03
Civitas just bought Taprock with more acquisitions expected from them
Posted on 10/23/23 at 7:45 pm to supatigah
quote:
Civitas just bought Taprock
Taprock was full of morons, (at least the key decision makers) so that was probably a good thing.
This post was edited on 10/23/23 at 7:47 pm
Posted on 10/23/23 at 7:47 pm to Contrary
Yes. Current Hess CEO’s dad started Jets I recall. That’s why Jets’ colors of green and white are same as Hess’
Posted on 10/23/23 at 7:49 pm to Toss_Dive
Hess CEO and couple top executives and probably IR are based in NYC. Rest is in Houston, in offices near Discovery Green.
Posted on 10/23/23 at 7:51 pm to ragincajun03
quote:
Taprock was full of morons, (at least the key decision makers) so that was probably a good thing.
morons and crooks
hope the civitas takeover works out for us, dealing with taprock is a joke
Posted on 10/23/23 at 7:57 pm to CitizenK
quote:
Ships carry product from the St. Croix refinery. The St. Croix refinery was built there due taxes and they actually could take supertankers at the refinery itself unlike anywhere else in Mainland USA.
With Venezuelan crude coming bacl strong maybe Hovensa makes another comeback
Posted on 10/23/23 at 8:03 pm to ragincajun03
These consolidations are brutal for us software groups. And just like that, some of our biggest customers are gone with the wind.
Posted on 10/23/23 at 8:04 pm to supatigah
What’s the TapRock hate about?
Posted on 10/23/23 at 8:18 pm to ragincajun03
It explains why Hess' hiring has gone to zero for non production jobs at least.
Posted on 10/23/23 at 8:19 pm to fightin tigers
[quote]With Venezuelan crude coming bacl strong maybe Hovensa makes another comeback[/quote
The US still has sanctions against Venezuela so they are fricked.
The US still has sanctions against Venezuela so they are fricked.
Posted on 10/23/23 at 8:34 pm to barbapapa
quote:
Who has BP merger info? Shaping up to be a busy 2024 for that company
If they come for your company just drag up. They do pay well at the technician level, so there's that. But fixing things aren't a priority. It's all safety paperwork.
Posted on 10/23/23 at 8:41 pm to tgrbaitn08
quote:
The US still has sanctions against Venezuela so they are fricked
Oh noz, sanctions. They are sanctioning Russian crude too.
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