secwatch.observer — SEC 8-K summary
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Issuer:     HESS CORP (—)
CIK:        0000004447
Form:       8-K
Filed at:   2025-07-18T23:59:59+00:00
Accession:  0000950142-25-001950
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 5.01, 3.03, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess completes merger with Chevron, becomes wholly owned subsidiary; shares delisted
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- Each Hess share converted into 1.025 Chevron shares; no fractional shares issued, cash in lieu.
- Hess becomes direct wholly owned subsidiary of Chevron; NYSE listing withdrawn as of July 18, 2025.
- All prior Hess directors and officers ceased; Harsh Goyal, Andrew D. Stead, Nicola E. Woods appointed directors.
- Bruce L. Niemeyer named President of Hess; formerly President of Chevron Americas Exploration & Production.
- Hess's $3.25B unsecured revolving credit facility terminated with no outstanding borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4447/000095014225001950/0000950142-25-001950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4447/000095014225001950/eh250651090_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-001950

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