AstroFinance

Oil Stocks to Watch

Oil Majors Expand In Permian Basin Oil majors have been expanding their operations in the Permian Basin in recent years in an effort to get more contiguous acreage as well laterals become longer. Earlier this year, Diamondback Energy (FANG) agreed to buy Energen in a deal worth $9.2 billion, and BP (BP) reached a $10.5 billion deal to acquire BHP…

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