Chevron, one of the world’s largest integrated energy companies, completed the acquisition of PDC Energy, an independent exploration and production company, for $7.6bn. "PDC’s attractive and complementary assets strengthen Chevron’s position in key US production basins. This transaction is accretive to all important financial measures and enhances Chevron’s objective to safely deliver higher returns and lower carbon. We look forward to welcoming PDC’s team and shareholders to Chevron and continuing both companies’ focus on safe and reliable operations," Mike Wirth, Chevron Chairman and CEO.