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Oil & Gas / Americas / E&P

Chevron makes $7.6bn all-stock offer for PDC

The deal valued PDC at $6.3 billion, or $72 per share. The company is currently trading at around $65, with the deal offering a 11% premium.
Ed Reed By Ed Reed
22/05/2023, 1:29 pm
Photo of Ed Reed
© BloombergChevron record profits
Attendees stand near Chevron Corp. signage during the World Gas Conference in Washington, D.C., U.S, on Tuesday, June 26, 2018.

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