Oil-related equities face a headwind next year, according to analysts at Citi: excess spare capacity.
Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Pioneer disclosed the request in a filing Tuesday.
In this piece, we will take a look at the ten best performing energy stocks in 2023. If you want to skip our overview of the energy industry and some top players, take a look at the 5 Best Performing Energy Stocks In 2023. With 2023 coming to a close, one truth has stood the […]