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(Bloomberg) -- The latest merger between two U.S. shale producers is dealing with an unusual family dynamic that has raised concerns about a potential conflict of interest. Pioneer Natural Resources...
(Bloomberg) -- Pioneer Natural Resources (NYSE:PXD) Co. agreed to buy Permian Basin peer Parsley Energy (NYSE:PE) Inc. for $4.5 billion in stock, the latest in a flurry of mergers that’s...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, October 20th. Please refresh for updates. Goldman Sachs (NYSE:GS) stock rose 0.7% after Bloomberg reported late Monday...
By Geoffrey Smith Investing.com -- It's deadline day for the almost-mythical stimulus package, Netflix (NASDAQ:NFLX) reports earnings, Intel (NASDAQ:INTC) sells a big part of its past and there's...
(Bloomberg) -- Drillers cut exploration in U.S. oil fields to a 15-year low as some of America’s most prolific shale explorers vowed to show restraint amid a stabilization in oil prices. The number of...
(Bloomberg) -- Oil clawed back some lost ground in Asia, but is set for a weekly decline after data showed the U.S. economy had its worst contraction on record and the coronavirus pandemic continues...
By Geoffrey Smith Investing.com -- Crude oil prices drifted lower on Monday despite a broadly positive tone to other risk assets such as equities and base metals, amid signs that the 'OPEC+' group of...
(Bloomberg) -- As oil prices tick up to $40 a barrel following a pandemic-induced plunge, there’s a sense the shale industry is snapping back to life with Continental Resources (NYSE:CLR) Inc., EOG...
(Bloomberg) -- Oil is on track to gain for a sixth week as the OPEC+ producer bloc headed toward an agreement to extend output curbs by another month. Futures in New York were little changed, after...
(Bloomberg) -- Oil held near its highest in almost three months on signs that OPEC+ producers are heading toward a consensus on extending output curbs and on further evidence of tightening supplies in...
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