Oil and Gas Investor A&D Trends: Welcome to 2020
In one frame, bankruptcies continued to unravel debt-laden E&Ps. Opposite that, massive megadeals fused together oil and gas companies into Permian Basin behemoths.
November 24, 2020
Shale Well Interference: Spaced Out
After years spent jam packing as many oil and gas wells on their assets as possible, shale producers under pressure from prices and investors are beginning to see that less inventory is more.
November 18, 2020
Shale Valuations Shrivel as M&A Gains Footing, Firm Says
The Permian Basin remains king, but Pioneer Natural Resources CEO Scott Sheffield said he thinks the best shale producers have already been “picked off” in mergers.
November 17, 2020
Diversified Gas & Oil Enters $1 Billion Acquisition Partnership with Oaktree Capital
The financing structure with global investment firm Oaktree Capital lets sellers know that Diversified Gas & Oil has the backing to make acquisitions work in the current A&D environment.
November 10, 2020
Democratic Dreams Dashed As Texas Railroad Commission Remains Republican Only
Railroad Commission candidate Chrysta Castañeda loses her bid to become the first Democrat to win a Texas statewide office in decades in a clear loss to Republican James “Jim” Wright.
November 3, 2020
Mach Resources: Midcontinent Aggregator
Led by industry icon Tom Ward, Mach Resources this year bagged the vast portfolio of Alta Mesa Resources out of bankruptcy and for a song. His premise: Prepare to be the last owner of any asset acquired. And he’s far from done.
October 30, 2020
Energy Capital Markets Outlook: Where’s the Money?
Burned by a sector gone bad, energy capital providers are hyper risk-averse or just absent. Capital will flow back into the space when certain conditions are met, and those that are prepared will prosper.
October 26, 2020
Oil and Gas Investor A&D Trends: Pardon the Dust
At the crack of a bankruptcy judge’s gavel, stalking-horse bidders slowly lurch out of the starting gate, lower their long necks and graze among the oil and gas bankruptcies. The slowly revealed results are fascinating.
October 15, 2020
Upstream M&A Struggles to Continue Despite Recent Rash of Mergers
The Permian Basin will likely continue to be the epicenter for shale consolidation among oil and gas producers because of its perceived advantages in economic well locations, a recent report says.
October 7, 2020
Oil and Gas Industry A&D Trends: At the Brink
As 2020 crawls through the third quarter, the strains on M&A and the oil and gas industry are beginning to take on albatross-ian levels.
September 21, 2020