Hess Corporation: Manifesting The Time Value Of Money

Jeremy Poland Hess Corporation (NYSE:HES) and the other involved parties in the dispute about the interest of Hess in Guyana state that the hearing for arbitration in the matter of the dispute is now going to be in May 2025. That is a long time since Chevron (CVX) made the offer to acquire Hess. The article I wrote on this is dated back in October of 2023. Since that time, another FPSO has begun production and there will be yet another first oil planned in the beginning of fiscal year 2025. Delaying the mer ...