Chevron Files 8K - Other Events >CVX

Chevron Corp. (CVX) filed a Form 8K - Other Events - with the U.S Securities and Exchange Commission on October 06, 2026. Chevron's preliminary accounting assessment indicates that upon closing of the referenced transaction, Chevron will deconsolidate Hess Midstream and recognize a one-time after-tax loss estimated at approximately $3 to $4 billion, which it expects to treat as a special item. The transaction is subject to specified terms, including the satisfaction of customary closing conditions and required regulatory approvals, and any closing adjustments, and is expected to close by year-end 2026. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements regarding the transaction between Chevron and Hess Midstream LP and Chevron's preliminary accounting assessment. Wor