COP Dec 2024 85.000 put
| Previous close | 0.7800 |
| Open | 0.7700 |
| Bid | 0.7600 |
| Ask | 0.8600 |
| Strike | 85.00 |
| Expiry date | 2024-12-20 |
| Day's range | 0.7700 - 0.7800 |
| Contract range | N/A |
| Volume | |
| Open interest | 267 |
- Yahoo Finance Video
Why the energy sector's M&A frenzy may not be over
The energy sector has witnessed a surge in merger and acquisition (M&A) activity, with two major transactions taking place this week alone. ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO), while Hess (HES) shareholders have approved the company's sale to Chevron (CVX). These deals have ignited speculation about what lies ahead for the energy sector. Yahoo Finance's Ines Ferré delves into the details, offering insights into the drivers behind the rising M&A activity and how this trend is expected to continue throughout the year. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Yahoo FinanceConocoPhillips's $22.5 billion deal for Marathon Oil highlights energy M&A wave
US energy consolidation continues with the announcement that ConocoPhillips will buy Marathon Oil for $22.5 billion.
Zacks3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)
EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.
