These High-Yield Dividend Stocks Are Turning to Acquisitions to Supercharge Their Growth Engines
Enterprise Products Partners L.P.(EPD) The Motley Fool·2024-09-07 08:45
The oil industry's consolidation wave has overflowed into the midstream sector. A wave of mergers and acquisitions (M&A) activity has washed over the oil patch in the last year. Big oil behemoth ExxonMobil kicked things off with its $60 billion deal for Pioneer Natural Resources. Several rivals followed its lead, including Chevron, which is trying to buy Hess in a nearly $60 billion transaction. The oil industry's M&A wave has spilled over into the pipeline sector. Several midstream companies have made acqu ...