Chevron to divest Hess Midstream stakes, take $3-4B after-tax loss; expects 50% Bakken midstream cost cut

Chevron will divest its ownership interests in Hess Midstream and DJ Basin midstream assets and expects a one-time after-tax loss of $3 to $4 billion while cutting Bakken midstream costs by ~50%.Key Highlights:Original SEC Filing: CHEVRON CORP [ CVX ] - 8-K - Oct. 06, 2026This is an AI-powered summ…