HEY HEY Ras did you see this??? i know you love oil, could you imagine this??
I am shocked they didn't do it. With energy loving administration support and regulatory control of merger approval under the same group i could imagine it would have happened with some divestitures (damn I actually spelled that word right, woot).
Its all but dead now and i doubt it could ever get approved for the next 4 years.
https://www.wsj.com/articles/exxon-c...er-11612126203
Exxon, Chevron CEOs Discussed Merger
Exxon’s Darren Woods, Chevron’s Mike Wirth spoke last year about combining their companies in what could be among the largest corporate mergers ever.
A combined company’s market value could top $350 billion. Exxon has a market value of $190 billion, while Chevron’s is $164 billion. Together, they would likely form the world’s second largest oil company by market capitalization and production, producing about 7 million barrels of oil and gas a day, based on pre-pandemic levels, second only in both measures to Saudi Aramco.