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$22.5B deal sees ConocoPhillips buys Marathon Oil, targeting Permian and other shale plays
ConocoPhillips announced it will acquire Marathon ... among Permian Basin companies in a trend that saw ExxonMobil buy out Pioneer Natural Resources in a $64.5 billion deal, followed by Chevron ...
Odessa American3d
Mergers slow as oilfield picks up steam
2023-24 brought a dazzling series of mergers and acquisitions among Permian Basin ... acquisitions by ExxonMobil of Pioneer, ConocoPhillips of Marathon, Chevron of Hess and Oxy of CrownRock ...
Odessa American3d
ExxonMobil’s strong fourth quarter fueled by rising production in the Permian, Guyana
ExxonMobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...
Morningstar3d
Exxon Earnings: Earnings Exceed Expectations as Concerns on Spending Seem to Weigh on Shares
For the full year, Exxon produced 4.3 mmboed, including a record 1.2 mmboed from the Permian ... as Exxon, Chevron, and Shell and US independent refiners such as Valero and Marathon Petroleum.