ConocoPhillips announced on Wednesday an all-stock acquisition of Marathon Oil, valuing the company at $17.5 billion. This deal, anticipated to be one of the final major consolidations in the industry, will expand ConocoPhillips’s presence in the shale basin and offer a 14.7% premium to Marathon Oil shareholders based on their May 28 closing price.

The pound to dollar exchange rate held around 1.215 on Monday, as markets awaited the announcement of key unemployment and PMI figures in the UK.

One of the most hotly-anticipated public offerings of the year is happening next week. Palantir, the secretive data analytics company backed by PayPal co-founder Peter Thiel, will list on the NYSE under the symbol PLTR via a direct listing on September 29th. The company originally planned to go public on September 23rd, but recently changed […]

The Permian basin, an oil-rich region in the southern United States, has witnessed a historic surge in the value of U.S. oil and gas mergers and acquisitions this year, surpassing $100 billion, according to a news release by the consultancy Wood Mackenzie on Tuesday.

Uncover the story behind WSG's record-breaking 2024 share price surge. Dive into market dynamics and gain invaluable insights into this remarkable growth.