Chevron (CVX) stock holds steady after report puts it in $22 billion Lukoil asset race
Chevron shares edged up 0.2% in after-hours trading Monday to $162.34 after Reuters reported the company is a leading bidder for Lukoil’s $22 billion overseas assets, facing a Jan. 17 U.S. deadline and OFAC approval. Brent crude settled 0.8% higher at $63.87 a barrel. Exxon slipped 0.5% after hours, BP rose 0.4%, and ConocoPhillips fell 2.1%.