...they are the giants but there are still hundreds of independent oil companies around the world doing their own operations. McDonalds is huge ... doesnt mean though they are going to buy your local towns busiest money making restaurant....the market is so big that its big enough for blue whales and minnows and everything in between.
...also consider that a deal with a larger conglomarate could always happen in the future ... with so much oil in the ground that gives the company an easy partnership imo with whoever THEY choose if anyone, doesn't it?
....finally - the details and deal are being worked out right now...until finalized why would any big investor, public or private, put millions into a stock until official word hit?
...I say it often here, but there is imo millions on the sidlines here waiting for the greenlight PR to safely buy. We are talking about the worlds most important energy resource....and the worlds most used natural resource as much of our modern world and devices and pills and plastics and on and on are made from oil...
........this is all very huge if and when the deal goes officially through and production starts....
Market Data 
Markets 
AI
