More than $14 billion in big Permian deals this week Concho and Parsley were worth 75% more at beginning of 2020 More than 40 US E&P bankruptcies this year A sudden wave of consolidation in the Permian Basin after many months of deal-making silence is expected to continue in spurts in a trend that should expand to other regions such as the Bakken Shale and DJ Basin, energy analysts said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In a series of all-stock deals, ConocoPhillips scooped up Permian pure play Concho Resources for $9.7 billion on Oct. 19 and, one day later, Midland Basin leader Pioneer Natural Resources snagged Parsley Energy for $4.5 billion in a more familial deal. Already, Chevron closed on its $5 billion acquisition of Noble Energy early in October and, last month, Devon Energy agreed to buy WPX Energy for […]