Pion schreef op 7 februari 2023 10:14:
Shell als overname-kandidaat? Hoe serieus zou dit (kunnen) zijn?
"On Jan. 25, Citigroup (C) analyst Alastair Syme provided a heads-up on potential industry consolidation. Exxon Mobil and Chevron could potentially look at buying Europe-based supermajors BP, Shell or TotalEnergies (TTE), he wrote.
Syme wrote that shares of BP, Shell and TotalEnergies have been run down by ESG investing and moves to transition away from oil and gas.
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"Markets are unlikely to close the gap by themselves: The cost of equity of European oils remains handcuffed by investor and political headwinds," Syme wrote. "What is really needed is for the industry to arbitrage this value itself."
The analyst added that if an acquisition takes place, the "prize" for Exxon Mobil or Chevron could be considerable.
"We look at the strategic imperative, financial accretion and political headwinds of either of the two U.S. IOCs (Exxon or Chevron) potentially looking to try and acquire one of their key European competitors (BP, Shell or TotalEnergies)," Syme wrote.""
bron:
www.investors.com/news/bp-stock-laggi...