---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001949"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:53:39.780067+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Chevron completes acquisition of Hess Corporation on July 18, 2025

## Summary
- Chevron now owns a 30% interest in the Guyana Stabroek Block with over 11 billion barrels of discovered recoverable resources.
- Hess shareholders receive 1.0250 Chevron shares per share; approximately 301 million shares to be issued from treasury.
- FTC lifts restriction, clearing John Hess to join Chevron's Board of Directors, subject to Board approval.
- Chevron expects $1 billion in annual run-rate cost synergies by end of 2025 and accretive cash flow per share.
- Combination adds 463 thousand net acres in Bakken and complementary assets in Gulf of America and Southeast Asia.

## SEC filing metadata
- accession: 0000950142-25-001949
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2025-07-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000095014225001949/0000950142-25-001949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000095014225001949/eh250652625_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001949
- JSON: https://secwatch.observer/filing/0000950142-25-001949.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001949.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.