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The oil giant is reportedly nearing a deal to buy Pioneer Natural Resources.

These oil companies can produce a gusher of cash flow at current oil prices.

Bridger Pipeline and Butte Pipe Line Company Start of Binding Open Season January 29, 2021 CASPER, WYOMING, USA, January 29, 2021 /EINPresswire.com/ — Bridger Pipeline LLC (“Bridger”), Belle Fourche Pipeline Company (“Belle Fourche”), and Butte Pipe Line Company (“Butte”) (collectively, the “Carriers”) announced today, January 29, 2021, the commencement of an open season seeking commitments for transportation on expansion capacity to be created by the Carriers on portions of their respective pipelines systems (“Expansion”). Once completed, the Expansion would provide add...

Author Bio Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo Some oil companies avoid mergers and acquisitions (M&A) because they're often costly and can destroy shareholder value. However, for Diamondback Energy (NASDAQ:FANG), "M&A activity is as fundamental ... as the air that we breathe," according to CEO...