What Caught Our Attention in the Investment World? – Week of October 19-23, 2020
By Kuldip K. Ambastha During this past trading week, the energy sector saw announcements of industry consolidation. ConocoPhillips (COP) will be buying Concho Resources Inc. (CXO) while Pioneer Natural Resources Company (PXD) will be buying Parsley Energy, Inc. (PE). ConocoPhillips will buy Concho Resources Inc. in an all-stock deal valued at $9.7 billion. Pioneer Natural …
Continue reading “What Caught Our Attention in the Investment World? – Week of October 19-23, 2020”