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The oil industry landscape is changing fast. ExxonMobil ( XOM -1.22%) kicked off what appears to be the next wave of merger and acquisition activity in the oil patch by agreeing to a more than $60 billion megadeal for Pioneer Natural Resources . That deal already sparked another transaction. Meanwhile, several other oil companies are reportedly on the prowl for their next acquisition. The oil market merger wave could dramatically alter the industry. It could also produce some big winners. ExxonMobil, Devon Energy ( DVN 0.15%), and ConocoPhillips ( COP -1.86%) stand out to a few Fool.com contributors as some of the oil stocks best positioned to capitalize on the sector’s consolidation. Here’s why they think investors should consider buying them today. Exxon has the wherewithal to roll things up NYSE: XOM ExxonMobil (-1.22%) -$1.33 Current Price $107.78 XOM Key Data Points Market Cap $840B Day’s Range $106.54 – $108.78 52wk Range $98.02 – $120.70 Volume 30,555,554 18,012,917 Gross Margin 26.34% Dividend Yield Reuben Gregg Brewer (ExxonMobil): With the announcement of the $64.5 billion acquisition of Pioneer Natural Resources, ExxonMobil was the first U.S. oil major to strike a huge, industry-consolidating deal. The benefit to Exxon is that it […]
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