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HESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hess Corporation - HES

Retrieved on:

Wednesday, October 25, 2023

Class Action Lawsuit, Professional Services, Legal, Hess Corporation, Sale, Chevron Corporation, Hess, CVX, KSF, NYSE, Petroleum

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hess Corporation (NYSE: HES) to Chevron Corporation (NYSE: CVX).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hess Corporation (NYSE: HES) to Chevron Corporation (NYSE: CVX).
Under the terms of the proposed transaction, shareholders of Hess will receive 1.0250 shares of Chevron for each share of Hess that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Chevron Announces Agreement to Acquire Hess

Retrieved on:

Monday, October 23, 2023

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.

Key Points:

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share.
“This combination positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio by adding world-class assets,” said Chevron Chairman and CEO Mike Wirth.
Chevron will discuss its proposed acquisition of Hess with security analysts in a call today, Monday, October 23, 2023, at 7:30 a.m.

CEMATRIX Announces $6.5 Million In New Contracts

Retrieved on:

Monday, October 16, 2023

Letter, Communication, Corporation, Contraction, CVX, Natural gas

CALGARY, Alberta, Oct. 16, 2023 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products is pleased to announce it has signed $6.5 million in new contracts since the last announcement, bringing its total contracts announced since the end of the fiscal 2022 year to $44.8 million and $81.4 million since August 3, 2022.

Key Points:

CALGARY, Alberta, Oct. 16, 2023 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products is pleased to announce it has signed $6.5 million in new contracts since the last announcement, bringing its total contracts announced since the end of the fiscal 2022 year to $44.8 million and $81.4 million since August 3, 2022.
Over $40 million of the current backlog is contracted and is scheduled for 2023, a 38% increase compared to total sales of $29 million for the fiscal 2022 year.
The Corporations backlog is comprised of contracts in the amount of $46.8 million and Contracts in Process in the amount of $46.9 million.
“The $6.5 million increase in contracts includes new infrastructure projects across North America, two of which exceed $1 million.

Medicomp Systems Reaches Healthcare Documentation and Interoperability Milestone with 10 Million Terminology Mappings

Retrieved on:

Wednesday, October 4, 2023

Heart, UNII, MEDCIN, CPT, Health, ICD-10, RxNorm, NLP, SNOMED-CT, LOINC, Medicare, CCC, Organization, Documentation, CVX, Patient, DSM5, AI, HCPCS, SNOMED CT, SNOMED, CTCAE, Medical imaging

CHANTILLY, Va., Oct. 4, 2023 /PRNewswire/ -- Medicomp Systems, a physician-driven provider of diagnostically connected patient data solutions, announced today that it now has directly mapped over 10 million clinical codes and concepts across more than 12 terminologies to its MEDCIN clinical relevancy engine, helping clinicians quickly find patient-and-problem-specific information at the point of care and efficiently and accurately capture data for value-based care initiatives.

Key Points:

Terminology mapping in healthcare refers to the process of aligning different medical terminologies or coding systems to ensure that they correspond and can be seamlessly interpreted and used across systems.
Medicomp now has more than 10 million mappings to foundational structures such as ICD-10-CM, CPT-4, LOINC, SNOMED-CT, RxNorm and other coding systems used for clinical documentation and billing which can be diagnostically filtered through MEDCIN, Medicomp's normalized clinical interface terminology at the heart of its clinical relevancy engine.
The filtered data can be used for multiple downstream purposes such as care coordination, value-based payment, and quality reporting.
These mappings can also be leveraged to dramatically increase accuracy of coding and structured clinical documentation using AI and NLP technologies.

Canadian Engineers Make 'Revolutionary' Hydrogen Breakthrough

Retrieved on:

Thursday, August 31, 2023

LONDON, Aug. 31, 2023 /PRNewswire/ -- Already one of the world's top ten producers of hydrogen, Canada is at the forefront of the global effort to develop a sustainable hydrogen economy, and a recent breakthrough may just bring it closer to becoming one of the most important energy transition hubs on the planet. Companies mentioned in this release include: TotalEnergies (NYSE:TTE), Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), NextEra Energy, Inc. (NYSE:NEE), Dominion Energy Inc. (NYSE:D).

Key Points:

"The Hydrogen Alliance between Canada and Germany is a significant milestone as we accelerate the international market rollout of green hydrogen and clear the way for new transatlantic cooperation.
Now, scientists are attempting to advance a process called "electrolysis" to create pure, clean hydrogen by splitting water into pure hydrogen and oxygen using high-temperature electrolyzers.
Chevron (NYSE:CVX) seems to have taken the old adage "Go big or go home" quite seriously when it comes to hydrogen.
Dominion Energy Inc. (NYSE:D) is carving out a niche for itself in the hydrogen economy by focusing on clean hydrogen solutions.

Canadian Engineers Make 'Revolutionary' Hydrogen Breakthrough

Retrieved on:

Thursday, August 31, 2023

LONDON, Aug. 31, 2023 /PRNewswire/ -- Already one of the world's top ten producers of hydrogen, Canada is at the forefront of the global effort to develop a sustainable hydrogen economy, and a recent breakthrough may just bring it closer to becoming one of the most important energy transition hubs on the planet. Companies mentioned in this release include: TotalEnergies (NYSE:TTE), Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), NextEra Energy, Inc. (NYSE:NEE), Dominion Energy Inc. (NYSE:D).

Key Points:

"The Hydrogen Alliance between Canada and Germany is a significant milestone as we accelerate the international market rollout of green hydrogen and clear the way for new transatlantic cooperation.
Now, scientists are attempting to advance a process called "electrolysis" to create pure, clean hydrogen by splitting water into pure hydrogen and oxygen using high-temperature electrolyzers.
Chevron (NYSE:CVX) seems to have taken the old adage "Go big or go home" quite seriously when it comes to hydrogen.
Dominion Energy Inc. (NYSE:D) is carving out a niche for itself in the hydrogen economy by focusing on clean hydrogen solutions.

Boys & Girls Clubs of America Announces National Partnership with Chevron

Retrieved on:

Wednesday, August 30, 2023

Boys & Girls Clubs of America and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX) today announced a new national partnership that promotes life and workforce readiness for kids and teenagers in the U.S.

Key Points:

Boys & Girls Clubs of America and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX) today announced a new national partnership that promotes life and workforce readiness for kids and teenagers in the U.S.
View the full release here: https://www.businesswire.com/news/home/20230830528619/en/
Since 1990, Chevron has worked with local Boys & Girls Clubs across the nation to provide key funding and resources to kids and teenagers during out-of-school time.
With this new partnership, Boys & Girls Clubs of America will receive $700,000 in funding to advance life and workforce readiness tools, scholarship offerings and STEM-based education opportunities.
“Chevron is proud to partner with Boys & Girls Clubs of America to advance their mission of enabling all young people, especially those who need us most, to reach their full potential as productive, caring and responsible citizens,” said Jennifer Michael, social investment manager at Chevron.

CEMATRIX Announces a $10.7 Million Increase in Contracts

Retrieved on:

Wednesday, August 30, 2023

Communication, Contraction, Corporation, CVX, Central U.S. hardwood forests, Letter, Rare-earth element

The $40 million in scheduled 2023 backlog is contracted and a portion of these contracts have already been placed in 2023.

Key Points:

The $40 million in scheduled 2023 backlog is contracted and a portion of these contracts have already been placed in 2023.
The Corporations backlog is comprised of contracts in the amount of $55.7 million and Contracts in Process in the amount of $52 million.
“The $10.7 million increase in contracts represents $4.7 million in new contracts along with a $6 million increase in a previously announced contract.
The $7.7 million increase in backlog related to contacts in process is mainly attributed to two new contracts valued at over $1 million each.

Brightmark and Chevron Achieve First Gas Milestone with Florida's Largest Family Dairy

Retrieved on:

Wednesday, August 23, 2023

SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Brightmark RNG Holdings LLC, a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, announces the delivery of the first renewable natural gas (RNG) from its Larson Project in Okeechobee County, Florida. The Larson Project is comprised of four lagoon anaerobic digesters located at Larson Family Farms. This marks the joint venture's inaugural RNG project in the state and builds on the joint venture's extensive network of projects across the U.S. to produce dairy RNG for lower carbon intensity transportation fuel.

Key Points:

The Larson Project captures methane from cow manure through the process of anaerobic digestion and converts it to renewable natural gas.
Methane is a potent greenhouse gas (GHG), the second most abundant GHG, and is responsible for roughly 17.3% of global emissions.
"We are excited to achieve this milestone in our first joint renewable natural gas project in Florida with Brightmark and a notable farming family," said Nuray Elci, general manager of renewables in Chevron's Americas Products business.
Brightmark aims to reduce GHG emissions and achieve significant improvements in water quality by adopting economically viable technologies and practices throughout the industry.

Advisory: Chevron to Present at Barclays CEO Energy-Power Conference

Retrieved on:

Monday, August 21, 2023

A replay will be available on the website after the event for those unable to watch the live webcast.

Key Points:

A replay will be available on the website after the event for those unable to watch the live webcast.
Chevron is one of the world’s leading integrated energy companies.
Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance our business and the industry.
Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.