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Stock impact report

Oil giant BP is seen as a prime takeover target. Is a blockbuster mega-merger in the cards? [CNBC]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: CNBC
Britain's Shell and U.S. oil giants Exxon Mobil and Chevron have been touted as possible suitors. “I wouldn't take anything off on the table. You know, oil and gas is facing an existential crisis,” Allen Good, director of equity research at Morningstar, told CNBC by telephone. BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025. Oil giant has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion. Britain's beleaguered energy giant, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a Seeking to rebuild investor confidence, BP in February pledged to slash renewable spending and boost annual expenditure on its core business of oil and gas. CEO Murray Auchincloss has that the pivot is starting to attract “significant interest” in the firm's non-core assets. B Show less Read more
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