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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Chevron Corporation | NYSE:CVX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.10 | 1.31% | 162.35 | 164.02 | 160.73 | 160.75 | 8,428,701 | 23:33:42 |
SYDNEY--Chevron Corp. (CVX) said Friday it would sell its 50% interest in oil refiner Caltex Australia Ltd. (CTX.AU), potentially raising around 5 billion Australian dollars (US$3.90 billion).
The second biggest U.S. oil producer by output behind Exxon Mobil Corp. said it entered an underwriting agreement to sell its Caltex Australia shares to what it expects to be a a range of institutional investors.
Caltex Australia shares closed trading in Sydney on Friday at A$37.88 each, giving the company a market capitalization of A$10.22 billion.
Write to Ross Kelly at ross.kelly@wsj.com
Access Investor Kit for Caltex Australia Ltd.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=AU000000CTX1
Access Investor Kit for Chevron Corp.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US1667641005
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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