The article deals with two consequentialist theories and their comparison in terms of promoting certain values and evaluation of moral agents’ actions and behaviour. A basic presupposition is their mutual compatibility based primarily on their consequentialist nature. The paper searches for possible evidence that presented theories might be denominated as hybrid theories based on their dynamic transformations and it also searches for possible mutual enrichment of these theories/approaches as their examined similar character might be a good starting point for such (...) goals. The nature of ethical values is questioned as well as the idea (supported by relevant argumentation) of not distinguishing ethical theories based on their implicit inclination towards usage of specific values. The paper confronts these traditional (classical) ideas of making such differentiation and thus strictly connecting specific moral values with specific ethical theories and not allowing possible productive associations. Ethics of social consequences and the theory of lesser evil are chosen as examples to prove that not limited approaches in terms of operation with only specific type of values might be productive. Their dynamic character predestines these theories to be hybrid ethical theories and thus compatible in their value structure and theory of right. (shrink)