ConocoPhillips's $22.5 billion deal for Marathon Oil highlights energy M&A wave

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 42 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 63%

Conocophillips Nachrichten

Marathon Oil,Exxonmobil,Chevron

US energy consolidation continues with the announcement that ConocoPhillips will buy Marathon Oil for $22.5 billion.

) recently closed on its $59.5 billion acquisition of Pioneer Natural Resources, expanding its access in the lucrative Permian Basin region. And on Tuesday, Hess ," CFRA equity research analyst Stewart Glickman wrote immediately following the announcement. The analyst maintains a Hold rating on ConocoPhillips, with a $125 price target on the stock.

She added, "Guyana is the crown jewel in Hess’ portfolio, with current gross production of around 580,000 barrels per day and nearly doubling by 2026."Building a large, tax-free nest egg in your TFSA with growth stocks can give you more control over your tax bill in your retirement years. The post TFSA: 2 Canadian Stocks to Buy and Hold for Tax-Free Gains appeared first on The Motley Fool Canada.

Forget Magnificent Seven: Hedge Funds are Pouring Money Into This Utility Stock to Cash In On AI Boom The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's initial purchase.TORONTO — Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen