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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