Replies to post #29080 on The Rising Influence of Rising Affluence

[jbog]

I figured something was up when I read this early today{

Hess Corp. price target raised to $200 from $170 at Mizuho
05:14 HES
Mizuho raised the firm's price target on Hess Corp. to $200 from $170 and keeps a Neutral rating on the shares. The analyst adjusted price targets for oil and gas companies pending acquisitions to reflect proposed exchange ratios.

Read more at:
https://thefly.com/n.php?id=3869726

[DewDiligence]

HES says XOM’s right-of-first-refusal does_not_apply_to Guyana, but if it does apply then HES is not entitled to a breakup fee from CVX:

https://finance.yahoo.com/news/1-hess-says-pre-emption-230342569.html

If you find the above incongruous, you’re not alone, LOL.

[semi_infinite]

CVX/HES - doubt that this wasn't evaluated inside-out and upside-down before HES set up their data room for CVX audit.