Oil company merger rumors

Conoco's stock rose almost $1 per share Wednesday after rumors circulated that ChevronTexaco Corp. may make a competing bid for either the Houston oil company or its merger partner, Phillips Petroleum Co. The merger of Conoco and Phillips has been viewed as vulnerable to a competing bid since it was announced Restructurings, Investment, Crude Oil, Acquisitions & Divestitures, Mergers Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say. A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.

Trade tensions with China, coupled with what Jim Cramer, founder of The Deal's parent company, TheStreet Inc. (TST) , sees as a weakening economy, will likely not present a favorable market environment in 2019. Conoco's stock rose almost $1 per share Wednesday after rumors circulated that ChevronTexaco Corp. may make a competing bid for either the Houston oil company or its merger partner, Phillips Petroleum Co. The merger of Conoco and Phillips has been viewed as vulnerable to a competing bid since it was announced Restructurings, Investment, Crude Oil, Acquisitions & Divestitures, Mergers Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say. A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation. Another trend we have also seen move into 2018 is speculation over major mergers and acquisitions. at the center of deal-related rumors throughout the year. company recently promised $1 Oil & Natural Gas. Rumors continue to fly in the oil and natural gas space, and this time it is an American company rumored to be going after its European counterparts - a twist for sure to the latest trend. As Michael Fitzsimmons points out in his article (located here) it would seem highly unlikely that BP (NYSE: BP) is bought by ExxonMobil

12 Apr 2019 A rundown of the companies in oil that could be on the block. has drilled in the Permian basin region for more than 50 years, is rumored to be 

A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and  14 Jan 2019 Oil and gas merger and acquisition activity has ground to a halt in recent months due to extreme volatility in commodity markets. But don't  12 Apr 2019 A rundown of the companies in oil that could be on the block. has drilled in the Permian basin region for more than 50 years, is rumored to be  Tourmaline Oil Corp. has announced three transactions that significantly that the company received by selling assets to Topaz Oil Corp. in November 2019. 9 May 2019 Chevron Corp. is taking its $1 billion breakup fee and walking away from the the company, but he quashed those rumors on a conference call with analysts, as names that could one day end up on a merger agreement.

17 May 2017 Canadian drillers and other oilfield service providers have stepped up merger and acquisition activity, with more deals expected in coming 

24 Aug 2018 Quadrant neighbour IPB Petroleum (ASX:IPB) closed up 67 per cent and in a trading halt after the ASX queried its rapid one-day rise. IPB boss  7 Aug 1981 But the Marathon Oil Company, with that big West Texas oil field, looks awfully enticing. And how But that has not stopped the merger rumors. 10 Mar 2017 Major oil companies reportedly lining up to make play for oft-cited target. Mergers & Acquisitions LONDON -- Rumors have resurfaced yet again of a BP takeover, this time focusing on Exxon Mobil Corp. as the aggressor,  24 Apr 2019 wave of mergers in the oil industry with major players in the Permian Basin 7 Big Oil Targets That May Go Next After Potential Oxy/Chevron-Anadarko Other independent oil exploration and production (E&P) companies  18 Feb 2018 As the oil and gas market braces for a rush in mergers and acquisitions, Australia's recent forecast domestic gas shortage has done more than  24 Jan 2018 Anadarko Petroleum (NYSE: APC), a Texas-based oil and gas Besides a potential merger with Apache, which has an enterprise value of  7 Mar 2019 IPOs and Secondaries · Mergers and Acquisitions · Personal Finance · Rumors · Value Investing With the price of oil seemingly range-bound since rallying from the lows, some mergers and acquisition activity could be coming this spring. (NYSE: CPE) is an independent oil and natural gas company 

The latest news coverage on mergers and acquisitions from MarketWatch. The Italian telecommunications company reported n Mar. 11, 2020 at 2:36 a.m. ET Occidental cuts dividend after oil

12 Apr 2019 A rundown of the companies in oil that could be on the block. has drilled in the Permian basin region for more than 50 years, is rumored to be  Tourmaline Oil Corp. has announced three transactions that significantly that the company received by selling assets to Topaz Oil Corp. in November 2019. 9 May 2019 Chevron Corp. is taking its $1 billion breakup fee and walking away from the the company, but he quashed those rumors on a conference call with analysts, as names that could one day end up on a merger agreement. 24 Aug 2018 Quadrant neighbour IPB Petroleum (ASX:IPB) closed up 67 per cent and in a trading halt after the ASX queried its rapid one-day rise. IPB boss 

After all, cheap oil and gas is wreaking havoc on some companies' balance sheets, and bigger names in the space will need to grow somehow over the next few years. So we asked three of our energy contributors to put on their soothsayer hats and tell us three potential deals they see coming in the near future.

12 Apr 2019 A rundown of the companies in oil that could be on the block. has drilled in the Permian basin region for more than 50 years, is rumored to be  Tourmaline Oil Corp. has announced three transactions that significantly that the company received by selling assets to Topaz Oil Corp. in November 2019.

Conoco's stock rose almost $1 per share Wednesday after rumors circulated that ChevronTexaco Corp. may make a competing bid for either the Houston oil company or its merger partner, Phillips Petroleum Co. The merger of Conoco and Phillips has been viewed as vulnerable to a competing bid since it was announced Restructurings, Investment, Crude Oil, Acquisitions & Divestitures, Mergers Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say. A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation. Another trend we have also seen move into 2018 is speculation over major mergers and acquisitions. at the center of deal-related rumors throughout the year. company recently promised $1 Oil & Natural Gas. Rumors continue to fly in the oil and natural gas space, and this time it is an American company rumored to be going after its European counterparts - a twist for sure to the latest trend. As Michael Fitzsimmons points out in his article (located here) it would seem highly unlikely that BP (NYSE: BP) is bought by ExxonMobil Apache Corp. – Shares of the exploration and production company slid more than 18% on the back of declining oil prices. Apache was the worst performer in the S&P 500 as of midday. The energy sector was among the worst performers during Wednesday’s — read more That has spurred rumors that a deal for beleaguered BP, which is still reeling from the 2010  Deepwater Horizon  disaster, might not be beyond the realm of possibility. Such a deal would easily be After all, cheap oil and gas is wreaking havoc on some companies' balance sheets, and bigger names in the space will need to grow somehow over the next few years. So we asked three of our energy contributors to put on their soothsayer hats and tell us three potential deals they see coming in the near future.