Occidental Petroleum got closer this week to completing its divestiture goal with the $650 million sale of its remaining stake in Plains All American, but some analysts are saying it’s not enough.
Energy Transfer agreed on Sept. 16 to acquire Tulsa, Okla.-based SemGroup in a cash and stock transaction valued at roughly $5.1 billion.
The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018.
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
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