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home / news releases / BPAQF - ConocoPhillips' Permian Play Creates More Sustainable E&P Model

BPAQF - ConocoPhillips' Permian Play Creates More Sustainable E&P Model

BP PLC
  • Demand destruction and low oil prices have led to more acquisitions in the oil and gas space.
  • The ConocoPhillips purchase of Concho Resources is one of the biggest positive shale movements of late.
  • Headwinds in the form of the coronavirus' trajectory and economic impact make deals more likely.
  • The tie-up also has positive ramifications for an industry coming to terms with ESG investing demands which will only increase.

For further details see:

ConocoPhillips' Permian Play Creates More Sustainable E&P Model
Stock Information
Company Name: BP PLC
Stock Symbol: BPAQF
Market: OTC
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