British energy company BP is considering an expansion to its US shale business through acquisitions. According to reports, the company is weighing options worth $2 billion to $5 billion for assets with high crude oil production levels.
The potential deals include a possible bid for Devon Energy's Eagle Ford shale assets. This move would significantly expand BP's onshore crude production in the US if completed.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
Navigate
© 2026 Guavy Inc
