Shale Plays , Investment , Acquisitions & Divestitures , Earnings , Natural Gas

Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?

Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.

February 29, 2024

Acquisitions & Divestitures

Benchmark Buys Revolution Resources’ Anadarko Assets in $145MM Deal

Benchmark Energy II is acquiring Revolution Resources just over four years after Revolution bought out Jones Energy Inc.’s Midcontinent portfolio.

February 20, 2024

Crude Oil , Natural Gas

EIA: Oil, Gas Output to Fall Across Lower 48 in February

Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.

January 18, 2024

Acquisitions & Divestitures , Shale Plays

Evolution Petroleum Acquires SCOOP/STACK Interests

Evolution Petroleum entered agreements with three companies to purchase non-op interests in Oklahoma’s SCOOP and STACK plays for $43.5 million, equaling its largest transaction so far.

January 9, 2024

Acquisitions & Divestitures

Mach Natural Resources Closes $815MM Anadarko Basin Bolt-on

Mach Natural Resources closed a previously announced deal with EnCap-backed Paloma Partners IV to acquire approximately 62,000 net acres in Oklahoma.

December 29, 2023

Acquisitions & Divestitures

Unit Corp. Divests Texas Panhandle Assets for $50 Million

Oklahoma-based Unit Corp. sold non-core oil and gas assets in the Texas Panhandle for cash proceeds of $50 million.

December 15, 2023

Energy Storage

The Great Lithium Rush: Oil and Gas Companies Turn Prospectors

Traditional oil, gas and wastewater players join chemical manufacturers and North American lithium pure-play companies to lift production of the critical material.

December 15, 2023

Acquisitions & Divestitures , IPO , Shale Plays

Mach Natural Resources Inks $815MM Anadarko Deal Fresh Off IPO

Just weeks after going public on the New York Stock Exchange, Mach Natural Resources is growing its position in Oklahoma with an $815 million acquisition from Paloma Partners IV LLC.

November 13, 2023

IPO , Master Limited Partnerships , Exploration & Production

MLP Mach Resources’ IPO Gets Off to Solid Start

Led by Chesapeake Energy co-Founder Tom Ward, Anadarko Basin E&P Mach Resources is the second public offering by an MLP this year.

October 25, 2023

Acquisitions & Divestitures

A&D Minute: California Heats Up [WATCH]

In this week's A&D Minute, California heats up in a bid to keep up with the Permian's slate of red hot deals. 

September 27, 2023