Hess CEO John Hess on Chevron deal: Strategic combination creates the premier oil and gas company

Chevron chairman and CEO Mike Wirth and Hess Corp. CEO John Hess join 'Squawk on the Street' to discuss Chevron's deal to buy Hess for $53 billion in stock, the second proposed mega-merger among the biggest U.S. oil players after Exxon Mobil bid $60 billion for Pioneer Natural Resources earlier this month.