Link here. (The link may or may not work, but googling the subject will bring you to the article. The article has been referenced throughout the day by many outlets; I saw it in the print edition to which I subscribe. The story is a good story;
to see the graphic at the link says it all.)
According to the
WSJ, cash on hand, after subtracting debt, in billions (rounded):
- CVX: $11
- XOM: $2
- OXY: -$3
- EOG: -$5
- Hess: -$7
- CHK: -$14
- COP: -$26
All that cash suggests CVX is getting ready to make an acquisition.
Forbes columnist suggests three possibilities, including CLR (all) and CHK's Permian acreage.
Motley Fool: CHK, Hess.