Oil companies 'make up for lost time' as consolidation sweeps across industry

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Oil And Gas Companies,Pioneer Natural Resources,Marathon Oil

Last year, the energy industry spent $234 billion on M&A, the highest amount since 2012 when adjusted for inflation.

Oil and gas companies in the US have been on a consolidation tear, and industry watchers predict it isn't over.

The appetite for oil and gas has only grown over the last year as US oil production hit new highs after Russia's invasion of Ukraine temporarily sent prices past $130 a barrel in 2022.

Gold bars and silver coins continue to show strong sales for Costco, and these high-value items help the company show strong online growth too.These three stocks have already proven their worth this year, but are set to continue climbing in 2024 and even beyond. The post 3 Stocks That Can Help You to Get Richer in 2024 appeared first on The Motley Fool Canada.Royal Bank of Canada's dividend will be increasing from last year's payment of the same period to CA$1.42 on...

China hands over the keys to the railway as African countries take control of 2 major belt and road projects

 

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