News

John Hess to Buy Iconic Toy Trucks From Chevron

Hess is now owned by Chevron, but Hess toy trucks will remain owned by the Hess family
John Hess, CEO of the Hess Corp., has struck a deal to keep the gas company’s toy line in the family following its buyout by Chevron. Hess will also join the Chevron board of directors. The Hess trucks have been a holiday offering since 1964.
John Hess to Buy Iconic Toy Trucks From Chevron After Takeover
John Hess plans to buy back his family’s iconic toy truck business next year from Chevron Corp. after the oil giant bought his company this month.
John Hess Joins Chevron’s Board Following FTC Clearance
Former Hess Corp. CEO John Hess was cleared by the Federal Trade Commission on July 17 to serve on Chevron’s board.
Hess Toy Trucks to return to John Hess next year after Chevron merger
Chevron may now own Hess, but the US supermajor plans to sell the Hess Toy Truck business back to John Hess next year, federal filings show. After that, Chevron expects to sell the toy company back to HFO Holdings LLC, owned by former Hess chief executive John Hess, “for a price to be determined” by an independent appraisal.
John Hess Joins Chevron Board
Chevron appointed John Hess as a director, after U.S. regulators withdrew a ban on the former Hess chief executive.
The Hess Toy Truck, founded in NJ, is back with new mini collection
The Hess Toy Truck, which originated in Cranbury, is ready to celebrate National New Jersey Day on July 27 with the new 2025 Hess Mini Collection.
John Hess officially joins Chevron board following merger
Chevron appointed John Hess, CEO of Hess Corp. during 1995-2025 and Chairman in 1995-2013, to its board of directors.
Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade
Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...
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‘Difficult decisions’: Chevron to layoff more than 500 employees in Houston following Hess merger
Chevron is expected to lay off more than 500 employees in Houston this fall as part of its integration with Hess Corporation, ...
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce ...
Earnings Preview: Hess Midstream
Shares of Hess Midstream were trading at $40.34 as of July 28. Over the last 52-week period, shares are up 9.69%. Given that ...
Hess Midstream (HESM) Q2 EPS Jumps 25%
Key Points Earnings per share (GAAP) for Q2 2025 exceeded expectations at $0.74, compared to the estimated $0.65. Revenue (GAAP) grew 13.3% compared with Q2 2024, supported by higher throughput and ...
Hess Midstream outlines 7% adjusted EBITDA growth for H2 2025 while maintaining $300M CapEx and targeting $1.25B financial flexibility through 2027
Q2 2025 Management View CEO Jonathan C. Stein opened the call by emphasizing excitement to work with new Chevron colleagues, ...
Chevron Overcomes ExxonMobil to Acquire Hess. Which High-Yield Energy Stock Is the Better Buy Now?
ExxonMobil and Chevron have become much stronger and balanced companies over the years. The former's corporate plan through ...