Possible Oil and Gas Buyouts
ConocoPhillips (NYSE: COP) has been refocusing its strategy in order for the company to grow in the future. The way that they plan to do this is by selling off assets in order to add more focus towards deepwater acquisitions. With the hopes of acquiring in the U.S., Canada, Eastern Europe, and China. Deepwater opportunities is where CEO John Mulva is planning on taking the company, and these are the the three stocks predicted for buyout.
Read the entire article here: http://turnkeyoil.com/2011/04/25/possible-oil-and-gas-buyouts/
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