ConocoPhillips buying Concho for $9.7 Billion

Discussion in 'Oilfield Trucking Forum' started by Deadwood, Oct 19, 2020.

  1. Deadwood

    Deadwood Medium Load Member

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    How will this affect you personally? Will this be a net plus or a net minus in your world.
     
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  3. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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  4. Deadwood

    Deadwood Medium Load Member

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    Yep. Pioneer just bought Parsley for $5 Billion yesterday too. A lot of consolidation in the oilfield sector.
     
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  5. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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    Good time for those who have capital to do that.
     
  6. RockinChair

    RockinChair Road Train Member

    That depends on how this acquisition affects COG's first purchaser contracts.
     
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