In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down Chevron's (CVX 0.17%) deal to buy Hess Corp (HES -0.15%), what makes it look like a smart move, and whether they think Chevron stock is a buy now. They also compare it to ExxonMobil's (XOM -0.09%) recent -- and very similar -- deal to acquire Pioneer Natural Resources (PXD).

*Stock prices used were from the morning of Oct. 24, 2023. The video was published on Oct. 25, 2023.