'Chevron In Talks To Sell Texas Gas Assets To Tokyo Gas For Up To $1B ' - Financial Times
Portfolio Pulse from Benzinga Newsdesk
Chevron is in discussions to sell its Texas gas assets to Tokyo Gas for up to $1 billion. This potential sale is part of Chevron's strategy to streamline its portfolio and focus on core operations.
October 08, 2024 | 5:41 pm
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Chevron is negotiating the sale of its Texas gas assets to Tokyo Gas for up to $1 billion. This move is part of Chevron's strategy to streamline its portfolio and focus on core operations.
The potential sale of Texas gas assets for up to $1 billion is significant for Chevron as it aligns with their strategy to streamline operations and focus on core areas. This could positively impact Chevron's stock price in the short term as it may improve financial efficiency and focus.
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