WSJ News Exclusive | Oil-Field-Services Companies Hold Merger Talks
NexTier Oilfield Solutions and Patterson-UTI Energy are discussing a deal that would create a bigger player in a consolidating industry.
NexTier Oilfield Solutions and Patterson-UTI Energy are discussing a deal that would create a bigger player in a consolidating industry.
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The oil major’s latest share buyback plan disappointed investors who have grown used to generous handouts.
A gusher of cash and a richly priced stock could steer the supermajor toward a deal.
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from ...
U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects.
The move comes as Middle East energy producers are ramping up plans to supply Europe.
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