Exxon Mobil (XOM) is studying potential takeover targets, including Woodside Energy Group (WDS), as the energy giant looks to increase its presence in the liquified natural gas sector and in Asian markets, Bloomberg reported Friday, citing people with knowledge of the matter.
Exxon and Woodside didn't immediately reply to requests for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: $147.75, Change: $+1.15, Percent Change: +0.78%