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.
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ConocoPhillips in advanced talks to buy Marathon Oil, FT reportsMarathon Oil and ConocoPhillips did not immediately respond to Reuters requests for comments. Earlier this month, U.S. regulators gave the go-ahead to Exxon...
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ConocoPhillips in advanced talks to buy Marathon Oil, FT reportsMarathon Oil and ConocoPhillips did not immediately respond to Reuters requests for comments. Earlier this month, U.S. regulators gave the go-ahead to Exxon...
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ConocoPhillips in advanced talks to buy Marathon Oil, FT reportsExplore stories from Atlantic Canada.
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ConocoPhillips in Talks to Acquire Marathon Oil, FT Reports(Bloomberg) -- ConocoPhillips is in advanced talks to acquire Marathon Oil Corp., which would extend a major wave of consolidation among the US oil and gas...
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ConocoPhillips to Acquire Marathon Oil in $22.5 Billion DealConocoPhillips agreed to acquire Marathon Oil Corp. in a $22.5 billion all-stock deal, extending a major buying spree in the US oil and gas industry.
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