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Conference: Permian Basin Expected to See Plenty of Oil & Gas Deals This Year

Conference: Permian Basin Expected to See Plenty of Oil & Gas Deals This Year

SUGAR LAND, TEXAS--February 1, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Oil & Gas producers engaged in about $50 billion worth of mergers and acquisitions (M&A) last year, and a lot of that activity involved companies that operate in the Permian Basin. Speakers at a virtual conference predicted even more M&A and asset sales in 2021, particularly if crude oil prices hold onto their recent gains.

Within this article: Update on M&A activity within the Oil & Gas Industry Companies featured: Noble Energy Incorporated (NASDAQ:NBL), Chevron Corporation (NYSE:CVX), WPX Energy Incorporated (NYSE:WPX), Devon Energy Corporation (NYSE:DVN), Concho Resources (NYSE:CXO), ConocoPhillips (NYSE:COP), Pioneer Natural Resources Company (NYSE:PXD), Parsley Energy Incorporated (NYSE:PE), QEP Resources Incorporated (NYSE:QEP), Diamondback Energy Incorporated (NASDAQ:FANG), Ovintiv Incorporated (NYSE:OVV), PDC Energy Incorporated (NASDAQ:PDCE), Cimarex Energy (NYSE:XEC), Marathon Petroleum Corporation (NYSE:MPC), Apache Corporation (NASDAQ:APA) EOG Resources Incorporated (NYSE:EOG)