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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…
Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms -- Expected to improve Chevron's Bakken cost structure and increase return on capital employed -- Supports competitive upstream development activi
Chevron Corp. (CVX) filed a Form 8K - Regulation FD Disclosure - with the U.S Securities and Exchange Commission on October 06, 2026. On October 6, 2026, Chevron Corporation issued a press release announcing that Chevron will divest its ownership interests in Hess Midstream LP ("Hess Midstream") and its DJ Basin crude
(MORE TO FOLLOW) Dow Jones Newswires October 06, 2026 17:15 ET (21:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal req