Chord Energy and Enerplus seal $11bn merger to dominate Williston Basin

Chord Energy and Enerplus seal $11bn merger to dominate Williston Basin

Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation (TSX: ERF) (NYSE: ERF) have successfully completed a landmark merger, valued at approximately $11 billion, making a bold move in the energy sector. This strategic alliance is set to redefine the landscape of the Williston Basin, where the newly combined entity will now control an impressive 1.3 […]

ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal

ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal

ConocoPhillips (NYSE: COP) has reached a definitive agreement to acquire Marathon Oil Corporation (NYSE: MRO) through an all-stock transaction valued at $22.5 billion, including $5.4 billion of net debt. This strategic acquisition is set to significantly enhance ConocoPhillips’ standing in the energy sector by adding Marathon Oil’s high-quality, low-cost supply inventory to its portfolio. Transaction […]