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Chevron expects up to $400 million quarterly impact from Hess deal

(Reuters) -Chevron said on Thursday it was expecting a loss of 200millionto200 million to 400 million in the third quarter due to the impact related to the acquisition of Hess. Chevron closed its 55billionbuyoutofHessinJulyafterwinningalandmarklegalbattleagainstlargerrivalExxonMobiltogainaccesstothelargestoildiscoveryindecades.Excludingseverancechargesandothercostsrelatedtothe55 billion buyout of Hess in July after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades. Excluding severance charges and other costs related to the 55 billion transaction, the U.S. energy major expects an impact of 50millionto50 million to 150 million on adj ...