Denbury’s stock jumped on Monday afternoon after a report said Exxon Mobil was considering a takeover of the oil-recovery specialist, but the oil giant said it wouldn’t comment on speculation.
Bloomberg reported that Exxon has expressed preliminary interest in
Denbury
which has the largest carbon dioxide pipeline network in the U.S. The report cited people familiar with the matter.
Source: https://www.barrons.com/articles/exxon-wont-comment-exploring-deal-denbury-51665426978?siteid=yhoof2&yptr=yahoo
Exxon Mobil Won’t Comment on Report It Is Exploring Deal for Denbury
Denbury’s stock jumped on Monday afternoon after a report said Exxon Mobil was considering a takeover of the oil-recovery specialist, but the oil giant said it wouldn’t comment on speculation.
Bloomberg reported that Exxon has expressed preliminary interest in
Denbury
which has the largest carbon dioxide pipeline network in the U.S. The report cited people familiar with the matter.
Source: https://www.barrons.com/articles/exxon-wont-comment-exploring-deal-denbury-51665426978?siteid=yhoof2&yptr=yahoo