Acquisitions & Partnerships Viewpoints

Oct
19
2020
Tim Shea — Acquisition or Partnership

Conoco Phillips Agrees to $9.7 Billion Concho Resources Purchase

ConocoPhillips agreed to buy Concho Resources Inc. for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s most prolific oil field.