There's a major energy stock trading on the cheap with a chance for upside. I'll review an options trade that generates income while I wait for the potential comeback. Last October, Chevron announced the acquisition of Hess Corp for $60 billion, a deal expected to complete by the end of June.
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Chevron agrees to pay more than $13 million in fines for California oil spillsChevron has agreed to pay more than $13 million in fines for dozens of past oil spills in California. The California-based energy giant agreed to pay the California Department of Conservation a $5.6 million fine associated with a 2019 oil spill in Kern County. The company also agreed to pay the California Department of Fish and Wildlife a $7.
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