Until equity markets shifted from “here’s the money” to “show me the money,” assets transacted the usual way: purchase-and-sale agreement. This year, shareholders have deployed takeover bids and other proposals to have greater control over investments. Where’s this heading?
- Mohit Singh, SVP, Business Development & Exploration, BPX Energy
- Jeff Nanna, Managing Director, Investment Banking, TPH & Co.
- Tanner Moran, Managing Director, Hastings Equity Partners
2022-08-08 - Calgary, Alberta-based Cenovus Energy has owned 50% of the refinery since its combination with Husky Energy in 2021.
2022-07-21 - Beachwood President Joshua Robbins said financial problems and skittish investors killed the two major oil and gas transactions.
2022-07-21 - Devon Energy expects the RimRock transaction to position the company’s Williston Basin assets to maintain high-margin production and strong cash flow for several years.
2022-07-19 - Eni said it was very satisfied that the case over a Nigerian oilfield deal with Shell in 2011 had been concluded, describing it as “unmotivated and disconcerting.”
2022-07-19 - Upstream oil and gas companies continue to suffer from a double standard in the markets, with low equity valuations causing headaches for equity-based deals.