Layoffs, bankruptcies, and dividend cuts: We're tracking how 20 energy giants from Shell to Exxon are responding to the collapse in oil prices
The bank says future deals are most likely between companies focused on oil production, and among the largest integrated oil majors and smaller energy producers. Here is Morgan Stanley's list of "hypothetical" deals.or through Signal/text at 1-646-768-1657.Big oil companies could buy shale producers and electricity providers
Morgan Stanley said that the most likely deals for Exxon are with oil producers Pioneer Natural Resources or EOG Resources. Chevron, meanwhile, would be most likely to take over Colorado's Cimarex Energy, the bank said.ConocoPhillips, another large integrated American energy company, could make a bid to buy Parsley Energy, which operates in the Permian Basin in Texas, the analysts said.
US shale producers, which don't operate integrated businesses like Exxon and Chevron, could also fuse with each other. Morgan Stanley sees the most likely deals between Concho Resources and Cimarex Energy; Continental Resources andAn offshore rig operated by Noble Energy in the Mediterranean seaOilfield services companies could also decide to merge, Morgan Stanley said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Emails: Palantir blames Morgan Stanley for 'blemished' direct listing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Now that we finally here, can we talk about how overrated $MS have been as a bank? Rare criticism of Morgan's I-bank, they are first class Here they go... blaming an investment bank for the poor performance of a company's stock when it's never made a profit in 17 years of existence where its core business model is basically just violating human rights. I'm sure it's all the investment banker's fault...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Morgan Stanley: Utility stocks to benefit from a blue sweep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me:
Source: BusinessInsider - 🏆 729. / 51 Read more »
Investing strategy, what to buy if interest rates rise: Morgan Stanley - Business InsiderMORGAN STANLEY: High-growth tech stocks are entering a dangerous phase that is being mostly overlooked. These 3 trades can help investors profit while minimizing the risk to their portfolios.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market investing, picks for $1 trillion growth of space industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »