Monday, October 19, 2020

ConocoPhillips to buy Concho Resources for $9.7 bln in 2020's top shale deal

The all-stock deal comes as US shale companies have posted big losses due to weak crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2T7Ujls

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