Sweet 16 Takeover Candidates

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sl6886
Posts: 141
Joined: Tue Jul 14, 2020 7:57 am

Sweet 16 Takeover Candidates

Post by sl6886 »

Dan

Wondering if and how many of the Sweet 16 are takeover candidates themselves, and if so who would be the buyers? Other Sweet 16’s, or Apache? Seems like the big oils are divesting.

Thanks
Scott
dan_s
Posts: 37319
Joined: Fri Apr 23, 2010 8:22 am

Re: Sweet 16 Takeover Candidates

Post by dan_s »

They are all potential takeover targets, but only a major could make a run at EOG. The smaller they are, the more likely. ESTE is definitely being built to sell.
Dan Steffens
Energy Prospectus Group
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