Stockreport

Elk Range Royalties Closes Landmark DJ Basin Acquisition and Launches Elk Range Royalties III [Yahoo! Finance]

Chevron Corporation (CVX) More Company Research Source: Yahoo! Finance

Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report

US:NYSE Investor Relations: chevron.com/investors

and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental (NYSE: OXY). The $905 million transaction significantly expands Elk Range's presence in a premier oil and gas region and aligns with Elk Range's strategy of acquiring attractive royalty assets in core basins. The newly acquired assets are actively being developed by leading operators, including Chevron (NYSE: CVX) and Civitas (NYSE: CIVI), who collectively account for more than half the wells spud in 2024. The high-quality operator footprint enhances production visibility and long-term value creation. The acquisition includes an attractive mix of current production, near-term activity through DUCs and long-term growth through undeveloped upside. Charlie Shufeldt, CEO of Elk Range Royalties, stated: "This deal marks a milestone achievement for our team demonstrating our ability to underwrite and close on large assets. We remain committed to expanding our portfol [Read more]

IMPACT SNAPSHOT		EVENT TIME:			CVX
Last Price	Price Change	Price Change %	Volume Shares	Max Up	Max Down	Volume Ratio %

Performance comparison Updated

EVENT DAY Stock performance from the time of news release until the following 4pm ET market close	LAST PRICE AT NEWS EVENT	SINCE EVENT Multi-day stock performance from the time of the news release
EVENT DAY Stock performance from the time of news release until the following 4pm ET market close	LAST PRICE AT NEWS EVENT	SINCE EVENT Multi-day stock performance from the time of the news release
	LAST PRICE
	VWAP
High:	MAX UP	High:
Low:	MAX DOWN	Low: