ExxonMobil Has Its Sights on Its Next Megamerger. Here's the Oil Stock It Should Buy.
Woodside isn't the only LNG target available.
Overview
Just two years after completing its $60 billion acquisition of Pioneer Natural Resources, ExxonMobil (NYSE: XOM) may already be looking for its next major deal.
And there's reason to believe it could be Woodside Energy (NYSE: WDS).
Details
While discussions reportedly remain in the early stages, Exxon appears focused on expanding its position in liquefied natural gas (LNG), one of the fastest-growing segments of the global energy market.
Source
Originally published at www.fool.com.
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