Chevron Announces Agreement to Acquire PDC Energy
https://www.chevron.com/newsroom/2023/q2/chevron-announces-agreement-to-acquire-pdc-energy
WEBSAN RAMON, Calif. and DENVER, Colo., May 22, 2023 – Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with PDC Energy, Inc. (NASDAQ: PDCE) to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share. Based on Chevron’s closing price on …
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