When will Chevron simplify its GoA business unit? Too many assets at varying levels of profitability and liability. Some Hess assets certainly qualify for divestment or decommissioning. Note to Chevron LT ….get some NYSE bonus points by reducing scape and improving balance sheet…
Note: Many assets that are challenged have excellent, capable staff that do a great job maintaining and exceeding expectations.
@pw The high per unit fees paid to Hess midstream not Trump tariffs.
Gulf of Mexico you mean lol
future state starts today…high oil price environment is perfect for divestment and we know that DJT hates oil prices above 50 a bbl…offload them assets now…Fool
@nt what tariffs? ND production is refined and transported to Mid West USA and some makes it to gulf coast…What Tariffs?
Would anyone buy ND with the current tariffs?
Would agree, only asset that matters is NOJV. Get rid of all the rest of the junk…
And get rid of Bigfoot
Sell all the Hess trash! North Dakota, Gulf of America, and Malaysia can be divested. Keep the NOJV and treat it like an NOJV.
@OP whomst PE fund manager wrote this?