Giant E&P company Exxon Mobil (NYSE:XOM) has agreed to acquire the developer of carbon capture, utilization and storage (CCUS) solutions, Denbury Inc. (NYSE:DEN) in an all-stock transaction valued at $4.9B, or $89.45/share, good for a mere 1.9% premium to Wednesday's closing stock price. Denbury recycles CO2 through its Enhanced Oil Recovery (EOR) operations, and uses it to produce environmentally-friendly, carbon-negative Blue Oil. The company owns the largest CO2 pipeline network in the U.S. at 1,300 miles, including nearly 925 miles of CO2…
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