The energy sector has witnessed a surge in merger and acquisition (M&A) activity, with two major transactions taking place this week alone. ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO), while Hess (HES) shareholders have approved the company’s sale to Chevron (CVX). These deals have ignited speculation about what lies ahead for the energy sector. Yahoo Finance’s Ines Ferré delves into the details, offering insights into the drivers behind the rising M&A activity and how this trend is expected to continue throughout the year. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Yahoo! Finance: HES News
