Reported 1 day ago
ConocoPhillips and Devon Energy have recently finalized significant acquisitions that position them well for growth in 2025. ConocoPhillips' purchase of Marathon Oil enhances its resource capacity and is expected to significantly boost its earnings and cash flow, while Devon's acquisition of Grayson Mill Energy strengthens its production capabilities. Both companies anticipate returning substantial cash to shareholders and achieving strong total returns, making them attractive investment options as the new year approaches.
Source: YAHOO