The Latest

Occidental to Acquire Midland Basin E&P CrownRock for $12B

Occidental Petroleum said the purchase of CrownRock includes 1,700 undeveloped locations, 750 of which break even at prices of less than $40/bbl of WTI.

Endeavor Energy Explores Sale for up to $30B, Sources say

Endeavor Energy Partners operations span 350,000 net acres in the Permian’s Midland Basin — considered of the most lucrative oil and gas region in the U.S.

SMID Balance Sheets Built to Lure Consolidation, Lenders

Small and mid-caps’ strong balance sheets look attractive to credit investors and can provide equity that sweetens M&A.

Midstream M&A Market May Be Ripe for the Picking

East Daley Analytics will look at factors driving market volatility in its annual “Dirty Little Secrets” webinar.

Blackstone Acquires Electrical Supplier Power Grid Components

Blackstone’s global head David Foley says the acquisition “fits within one of our favorite investment themes.”

DUG Appalachia: Antitrust Policies Could Chill M&A

Newly aggressive enforcement of antitrust law by federal agencies could chill M&A, a lawyer tells attendees at DUG Appalachia.

ProPetro Acquires Permian Cementing Business Par Five Energy

Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.

Vital Energy Rapidly Grows in Permian with Slew of Deals

Rebranded Vital focuses on proven strategy of buying up smaller private producers under the radar.

Buy and Buy: Vital Energy's M&A Strategy for the Permian

Vital Energy’s rapid growth in the Permian Basin stems from CEO Jason Pigott’s strategy of acquiring smaller private producers—one after the other.

Tenaris Acquires Mattr’s Pipe Coating Business Unit

Tenaris will acquire nine plants in Canada, Mexico, Norway, Indonesia, the UAE and the U.S.