Exxon or Chevron could benefit in buying a European rival, Citi analysts say

Jan. 25, 2023 10:47 PM ETExxon Mobil Corporation (XOM), CVXBP, TTE, SHELBy: Carl Surran, SA News Editor99 Comments

Oil platform on the ocean. Offshore drilling for gas and petroleum

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The top trio of European-listed integrated oil companies - BP (BP), Shell (SHEL) and TotalEnergies (TTE) - currently trade at a more than 40% discount to their U.S. peers, according to analysts at Citi, who

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