SM Energy nears deal to buy XCL Resources for ~$3B – Bloomberg (NYSE:SM)
2024-06-27
Sean Hannon/iStock via Getty Images SM Energy (NYSE:SM) is in advanced talks to acquire Utah oil and gas producer XCL Resources, in a deal that would value the privately-held company at ~$3B, Bloomberg reported late Wednesday. SM Energy (SM) reportedly could announce a deal with XCL backers including EnCap InvestmentsContinue Reading