US energy M&A gathers pace with Chevron agreeing $6.3Bln all-share deal for Permian and DJ Basins asset owner

Tuesday, 23 May 2023

Chevron Corp. has agreed to acquire Nasdaq-listed PDC Energy in an all-stock transaction valued at $6.3 billion and boosting the US major’s holdings in US strategic basins such as the Permian.

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