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APA Acquires Callon Petroleum in $4.5 Billion Permian Deal

APA Corporation will acquire Callon Petroleum Company in a significant all-stock deal valued at around $4.5 billion, marking the latest in a series of consolidations in the U.S. shale oil sector. ....

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APA to acquire Callon Petroleum in $4.5 bn deal

US energy company APA Corporation has agreed to buy competitor Callon Petroleum in a transaction valued around $4.5 billion including debt, the firms announced Thursday, marking the latest deal in the sector.The transaction comes after several high-profile agreements in the energy industry, such as ExxonMobil's megadeal to acquire Pioneer Natural Resources for about $60 billion and Chevron's $53 billion acquisition of Hess. ....

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