Chevron is bracing for a quarterly dent of up to $400 million as the cost of absorbing Hess filters through its books. The company said Thursday it expects a third-quarter loss of $200 million to $400 million tied to the $55 billion acquisition, with adjusted earnings clipped by $50 million to $150 million once severance and other transaction charges are stripped out. The buyout, finalized in July after Chevron won a high-stakes arbitration against ExxonMobil, hands the U.S. major a 30% stake in Guyana’s Stabroek block—home to more…
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