Devon Energy Corp. and WPX Energy Inc. are in talks to combine, according to people familiar with the matter, in a move that could help the energy companies weather a prolonged industry slump.
The companies are discussing an all-stock deal that would create an entity with a combined current market value of about $6 billion. The deal could be completed as soon as this week, assuming the talks don’t fall apart, the people said. Devon has a market value of roughly $3.4 billion, while WPX’s is about $2.5 billion.
Devon Energy/ Montana boys 💫
But that buffoon trump said they were gonna prosper : (
Or...maybe embrace sustainable? Where the future lies.
i know i have been really busy over these last few months. These wells are in this nation for a reason. If you do not believe in the world that is part of the issue. Looking forward to drilling more and talking to Texas about some of the laws that have been
A merger will not cause the price of oil to hit $50.
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