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Chevron tops Exxon Mobil market cap for first time

October 8, 2020

(Reuters) – A 2.05% rise in the share of Chevron <CVX.N> on Wednesday lifted it’s market capitalization above that of energy giant Exxon Mobil <XOM.N> for the first time as Chevron closes on its purchase of rival Noble Energy <NBL.O>.

Chevron’s market cap ended the day around $142 billion, topping Exxon Mobil’s $141.65 billion market value at the end of trade, according to Refinitiv data and Chevron SEC filings pertaining to the Nobel deal.

(Reporting by Alden Bentley; Editing by Shri Navaratnam)



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Chevron tops Exxon Mobil market cap for first time Chevron tops Exxon Mobil market cap for first time Reviewed by Riyad on October 07, 2020 Rating: 5

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