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Barchart
Barchart
Will Ashworth

Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron PDC Oil Mike Wirth PDC Energy Kevin Crowley Colorado Barron CVX Economy

Chevron (CVX) is one of the busier price volume leaders Tuesday midday with 605,746, the 18th-busiest. 

Investors have had a day to contemplate the oil giant’s $6.3 billion ($7.6 billion including net debt) all-stock offer for PDC Energy (PDCE), the Colorado-based independent oil and gas E&P company with operations in Wattenberg Field in Colorado and the Delaware Basin in West Texas. 

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