Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

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Go back to Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

UBS sees more than 3:1 risk-to-reward in this energy name

June 12, 2025 4:00 PM EDT

UBS reiterated its bullish stance on Hess Corp. (NYSE: HES) on Thursday, citing a favorable risk/reward setup as the arbitration process over its acquisition by Chevron (NYSE: CVX) unfolds.

Against our CVX PT, we see this resulting in a positive 3.4:1 risk/reward on HES and supporting our view... More