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Posted by
Two Blokes Jul 3 -
Filed in
Stock
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3 views
Hess Midstream offers value whether Chevron acquires it or not; both scenarios are beneficial for shareholders at current prices, supporting my Buy rating. If Chevron acquires Hess, I expect them to pursue Hess Midstream, likely paying a premium. If the Chevron-Hess deal fails or Chevron divests Bakken assets, Hess Midstream remains slightly undervalued based on my DCF model and stable long-term contracts.
