From Quiver Quant: 2025-06-26 00:44:00

Shell quickly denied rumors of takeover talks with BP, emphasizing their focus on performance and organic growth. The Wall Street Journal report briefly sent BP shares soaring, only to drop after Shell’s statement. Speculation centered on creating a $280 billion supermajor to rival U.S. giants Exxon and Chevron. Regulatory scrutiny and integration challenges could complicate any potential merger. BP’s recent operational setbacks and Shell’s strong financial position add complexity to any deal. Both companies may opt for asset sales or share buybacks instead of pursuing a merger.

BP’s recent shift back to oil and gas production makes it vulnerable to a takeover bid, while Shell has focused on core operations and share buybacks. Any potential Shell-BP merger would face regulatory hurdles and long integration timelines. Investors are watching for further developments amid ongoing market speculation.



Read more at Quiver Quant: Shell (SHEL) Denies BP (BP) Takeover Talks Amid High-Stakes Oil M&A Buzz