Blockbuster Natural-Gas Merger Is Almost Too Perfect

[ad_1] Jan. 11, 2024 12:04 pm ET Chesapeake Energy’s merger with Southwestern Energy would create the largest natural-gas-focused producer in the U.S. It also creates an investment story that is…

FTC Investigates Exxon’s $60 Billion Deal for Pioneer

[ad_1] Updated Dec. 5, 2023 5:25 pm ET U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two…

U.S. Oil Land Grab Continues

[ad_1] Occidental’s talks with CrownRock will make the few remaining large parcels in the Permian basin pricey. [ad_2] Source link

American Oil—Good to the Last Drop?

[ad_1] How low can they go? U.S. shale developers have been on a relentless chase to drill for oil as cheaply as possible. With plenty of cash in their pockets…

Why Exxon and Chevron’s Deals Leave Investors Cold

[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…

Exxon, Chevron Invest in the West as Global Conflicts Increase

[ad_1] Updated Oct. 25, 2023 12:01 am ET Listen to article (2 minutes) As the world becomes more dangerous, the two largest Western crude producers are focusing their investments closer…

Exxon, Chevron Look to the West in an Increasingly Uncertain World

[ad_1] Oct. 24, 2023 11:00 pm ET Listen to article (2 minutes) As the world becomes more dangerous, the two largest Western crude producers are focusing their investments closer to…

Chevron and Exxon Might Have Kicked Off an Oil Land Grab

[ad_1] The smell of mergers and acquisitions is in the air following more than $110 billion worth of oil megadeals this month—Chevron’s agreement to buy Hess and Exxon Mobil’s deal…

Exxon to Buy Pioneer in $60 Billion Deal to Create Shale Giant

[ad_1] The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year. [ad_2] Source link

The Oil Patch Is Primed for an Era of Megadeals

[ad_1] A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own. [ad_2] Source link