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2 Texas Oil Producers to Merge As the Industry Consolidates.

Authors :
WEISE, KAREN
Reed, Stanley
Source :
New York Times. 2/13/2024, Vol. 173 Issue 60063, pB3-B3. 1/4p.
Publication Year :
2024

Abstract

The article focuses on a 26 billion U.S. dollar deal between two major Texas oil producers, Diamondback Energy and Endeavor Energy Resources, marking a significant consolidation in the U.S. energy industry, with Diamondback's shareholders set to own around 60 percent of the combined company.

Details

Language :
English
ISSN :
03624331
Volume :
173
Issue :
60063
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
175407471