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home / news releases / XOP - Southwestern Buys Indigo For $2.7 Billion: A New Basin At A High Cost

XOP - Southwestern Buys Indigo For $2.7 Billion: A New Basin At A High Cost

SPDR S&P Oil & Gas Explor & Product
  • Southwestern buys Indigo, becoming one of the largest Haynesville producers.
  • Diversifies Southwestern into a second basin and adds significant inventory.
  • Price paid was somewhat high and there are no operating synergies.

For further details see:

Southwestern Buys Indigo For $2.7 Billion: A New Basin At A High Cost
Stock Information
Company Name: SPDR S&P Oil & Gas Explor & Product
Stock Symbol: XOP
Market: NYSE
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