A Texas Oil Driller Banks a $26 Billion Deal, With Regrets Autry Stephens, 85, said he is selling the oil driller he founded, Endeavor, sooner than he would have liked.
AEP Enters Agreement.
Shares of energy companies rose amid deal activity. Rivals Diamondback Energy and Endeavor Energy Resources are merging to create an oil-and-gas behemoth worth more than $50 billion, in the.
Diamondback Energy and Endeavor Energy Resources, both major players in the booming Permian Basin oil field that straddles New Mexico and Texas, announced Monday that they would merge in a cash-and-stock deal.