Mergers

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Shale Gas Producer EQT Reportedly Seeking to Buy CNX Resources

EQT had recently sent a takeover proposal to rival CNX Resources, a report said, adding that no final decision has been made.

October 22, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Oct. 21, 2020

Here’s a snapshot of recent energy deals including a wave of upstream mergers in the Permian Basin that saw ConocoPhillips agreeing to acquire Concho Resources and Pioneer Natural Resources buying Parsley Energy.

October 21, 2020

Business , Trends , Mergers

Opinion: Upstream Consolidations Gaining Steam?

Perhaps the long-expected wave of consolidations is finally happening in the upstream business. Here’s why certain ones may ultimately create value for their investors.

October 21, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Pioneer Natural Resources to Acquire Parsley Energy in All-stock Merger

The merger of the two shale producers, both Permian Basin pure-plays, follows a growing wave of consolidation, which Enverus’ Andrew Dittmar described as a “historic winnowing of U.S.-based independent E&P companies.”

October 20, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Pioneer Natural Resources Reportedly in Talks to Buy Parsley Energy

Pioneer and Parsley, both Permian pure-plays, are discussing an all-stock deal and could be completed by the end of the month if talks don’t fall apart, a report by the Wall Street Journal said citing people familiar with the matter.

October 20, 2020
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IndustryVoice: Accelerating M&A in Oil and Gas: Riveron Shares How to Maximize Deal Value

James Lee, executive managing director at Riveron and leader of the firm’s energy practice, joins Hart Energy to discuss the challenges facing the oil and gas deal community and how companies can successfully navigate their upcoming transactions.

October 19, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

ConocoPhillips to Buy Permian Shale Producer Concho Resources in All-stock Deal

Concho Resources’ chairman and CEO, Tim Leach, is set to join ConocoPhillips’ board of directors and executive leadership team as executive vice president and president of Lower 48. 

October 19, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

ConocoPhillips Reportedly in Talks to Buy Shale Producer Concho Resources

ConocoPhillips and Concho Resources  may announce a deal in a few weeks, a report said, adding that no final decision has been made and talks could fall through.

October 14, 2020

Business , Shale Plays , Acquisitions & Divestitures , Trends , Mergers

Upstream M&A Struggles to Continue Despite Recent Rash of Mergers

The Permian Basin will likely continue to be the epicenter for shale consolidation among oil and gas producers because of its perceived advantages in economic well locations, a recent report says.

October 7, 2020

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Chevron Completes $13 Billion Takeover of Noble Energy

The acquisition of Noble Energy makes Chevron the No. 2 U.S. shale oil producer behind EOG Resources Inc. and gives it nearly 1 Bcf of international natural gas reserves close to growing markets.

October 5, 2020