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Chevron could be next in line for big Permian deal: analysts

October 12, 2023 Comments Off

ExxonMobil will buy out Pioneer Natural Resources and assume the position as the largest Permian Basin crude oil producer, but there are more deal opportunities out there as the Permian consolidates, analysts said in the wake of the Oct. 11 deal news. Candidates for the next megadeal include Chevron or ConocoPhillips buying Diamondback Energy or Coterra Energy or snapping up…