Mergers

Public Capital , Exploration & Production , Crude Oil , Mergers

Pioneer’s Sheffield: Few Independents Will Survive Oil Downturn

The consolidation trend among oil and gas producers will continue, Pioneer CEO Scott Sheffield says, before vaccines pave the way for recovery.

December 3, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 2, 2020

Here’s a snapshot of recent energy deals including the closing of Southwestern Energy’s acquisition of Montage Resources plus the $44 billion all-stock merger of S&P Global and IHS Markit.

December 2, 2020

Company Profiles , DUG East , Marcellus–Utica Midstream , Unconventional , Shale Plays , Trends , Mergers

Virtual DUG East: CNX Resources’ Nick Deluliis Talks M&A and ‘Reckonings’

While not addressing rumors of possible mergers involving CNX Resources, the industry veteran offered ‘hard truths’ on successful combinations in the Appalachian Basin during Hart Energy’s DUG East and Marcellus-Utica Midstream Virtual Conference.

December 2, 2020

Business , Acquisitions & Divestitures , Mergers

FourPoint Energy Completes Consensual Restructuring with EIG and Merger with Maverick

George Solich and management team retain FourPoint Energy name, plan for next venture.

December 2, 2020

Business , Acquisitions & Divestitures , Mergers

S&P Global to Buy IHS Markit in All-stock Deal Valued at $44 Billion

The landmark deal, which values IHS Markit at an enterprise value of $44 billion including $4.8 billion of net debt, combines two of the world’s largest provides of data.

November 30, 2020

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

Oil and Gas Investor A&D Trends: Welcome to 2020

In one frame, bankruptcies continued to unravel debt-laden E&Ps. Opposite that, massive megadeals fused together oil and gas companies into Permian Basin behemoths.

November 24, 2020

Private Equity , Technology , Acquisitions & Divestitures , Mergers

Innovex Downhole Solutions to Acquire Warburg-backed Rubicon

The transaction combines the U.S. operations of Innovex Downhole Solutions with Rubicon Oilfield International’s broad international strength to create a global platform capable of sustained growth in a low commodity price environment.

November 13, 2020

Business , Exploration & Production , Shale Plays , Trends , Mergers

From Oil and Gas Investor Editor-in-Chief: A Swelling Wave of Contraction

Surf’s up, and the merger waves are crashing onshore. Although as the E&P universe continues to shrink, the jury is still out as to whether the recent slew of combinations will be able to generate the returns needed to attract investor interest.

November 12, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 11, 2020

Here’s a snapshot of recent energy deals including the merger of Denver-Julesburg Basin producers Bonanza Creek Energy and HighPoint Resources in a $376 million deal.

November 11, 2020

Restructurings , Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

D-J Basin Producers Bonanza Creek, HighPoint to Merge in $376 Million Deal

The combination of Bonanza Creek Energy and HighPoint Resources is expected to create a leading unconventional oil producer in the Denver-Julesburg Basin with roughly 206,000 net acres in rural Weld County, Colo.

November 9, 2020