Energy

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Did ConocoPhillips Just Overpay for Concho Resources?

ConocoPhillips has agreed to acquire Concho Resources for $9.7 billion in stock and the assumption of around $4 billion in Concho debt. The combined company will have an enterprise value of around $60 billion…

Paul Ausick · 6 years ago

Array Technologies Sizzles in Solar Tracker IPO

Array Technologies, Inc. (NASDAQ: ARRY) has traded sharply higher on its debut in trading. The New Mexico-based maker of solar ground mounting systems and “trackers” priced its initial public offering at $22.00 per share.…

Jon C. Ogg · 6 years ago

Why Cimarex Could Rise Over 60%

Analyst Neal Dingmann at Truist has raised his rating and price target on Cimarex Energy stock, citing the potential for a sharp improvement in free cash flow.

Paul Ausick · 6 years ago

Global Demand Growth for Oil Ends by 2030: IEA

The International Energy Agency's 2020 World Energy Outlook highlights the impact of the COVID-19 pandemic on energy markets and the estimated demand for oil going forward.

Paul Ausick · 6 years ago