US oil and gas M&A hits $38B as Devon-Coterra deal leads
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In Q1, US oil and gas mergers and acquisitions reached a record $38 billion, primarily driven by Devon Energy's $25 billion merger with Coterra. Analysts attribute this surge in M&A activity to rising oil prices, despite market volatility. Additionally, niche service providers and renewable energy companies are gaining from the evolving energy market landscape.
Source: MSN The copyright of this article belongs to the original author/organization.
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