Big Oil's M&A Splurge: Will the Buying Frenzy Continue?
COPConocoPhillips(COP) ZACKS·2024-06-04 22:11

In recent years, the Oil/Energy space has seen a remarkable wave of mergers and acquisitions driven by major players like ExxonMobil (XOM) , Chevron (CVX) , and ConocoPhillips (COP) . These deals are reshaping the industry landscape, with companies aiming to enhance their portfolios and gain competitive advantages amid market volatility and a shifting energy landscape.Key DealsThe consolidation trend gained significant momentum with several high-profile deals. In October, ExxonMobil announced its $60 billio ...