“Wow!” That’s how Tudor, Pickering & Holt described Marathon Petroleum’s megamerger with Andeavor. What did other analysts have to say about the deal?
Also, Dallas Cowboys’ owner Jerry Jones has some good assets in the Bakken and now Comstock has a piece of them, while in exchange Jones will now own most of Comstock’s equity.
Finally, at the Offshore Technology Conference in Houston, Chevron and others touted offshore’s potential despite shale’s existence.
2022-05-19 - The $7 billion “merger of equals transaction” of Centennial Resource Developement and Colgate Energy will create the largest pure-play E&P company in the Delaware Basin of the Permian.
2022-05-13 - Following the completion of its merger with WPX Energy and increasing focus on ESG, Devon Energy’s brand value has tripled to $2.3 billion, a new report shows.
2022-05-18 - Research by DNV revealed that energy professionals believe that cyberattacks on the industry are likely to cause harm to life, property and the environment in the next two years.
2022-05-17 - A second drilling rig, a second floating production platform and a gas pipeline are being considered for the next phase.
2022-04-29 - The top U.S. oil producer tripled the size of its buyback program, similar to other energy giants like TotalEnergies that are sending more cash back to shareholders.