(Bloomberg) -- Chevron Corp.’s $53 billion deal to buy Hess Corp. received a nod of support from a major proxy advisory firm that said shareholders should vote in favor of it.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyVoters Prefer Trump Over Biden on Economy. This Data Shows WhyA 25-Year-Old BofA Trader Dies Suddenly at Industry
There's more than one reason analysts are excited about energy stocks.
The Hess (HES) acquisition would grant Chevron (CVX) a substantial stake in the lucrative Stabroek Block offshore Guyana.