Chevron to Acquire PDC Energy for $6.3 Billion
Text size Chevron will be buying PDC Energy. Justin Sullivan/Getty Images Chevron said Monday it will acquire PDC Energy in an all-stock transaction valued at $6.3 billion, or $72 a share. “PDC’s attractive and complementary assets strengthen Chevron ’s position in key U.S. production basins,” said Chevron Chairman and CEO Mike Wirth in a statement. “This transaction is accretive to … Read more