Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Equity Bottom-Up

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<li>Hess added roughly 455 MBOED from Guyana and the Bakken, accounting for most of Chevron’s 20% production growth and sharply lifting international upstream earnings.</li>
<li>Chevron delivered USD 1.5 billion in annual Hess synergies, 50% above its original target, while reaching USD 3 billion in structural cost savings six months early.</li>
<li>Hess was the biggest driver of Q2, but higher oil prices and one-off gains also helped. The key test is whether Chevron can sustain these gains.</li>
</ul>


Hess added roughly 455 MBOED from Guyana and the Bakken, accounting for most of Chevron’s 20% production growth and sharply lifting international upstream earnings.
Chevron delivered USD 1.5 billion in annual Hess synergies, 50% above its original target, while reaching USD 3 billion in structural cost savings six months early.
Hess was the biggest driver of Q2, but higher oil prices and one-off gains also helped. The key test is whether Chevron can sustain these gains.


How Much Did Hess Really Add to Chevron’s Q2?

Chevron Corp

How Much Did Hess Really Add to Chevron’s Q2?