Corvex's Keith Meister Says Diamondback Energy A Top Pick After Energen Acquisition
Investors have not paid enough attention to the oil and gas sector, Corvex Management manager Keith Meister said.
April 16, 2019
Mergers
Chevron, Anadarko Petroleum $33 Billion Megadeal Rocks Upstream Landscape
Chevron’s major drivers for the combination include Anadarko’s tight oil assets in the Permian and D-J basins plus its Mozambique LNG project and U.S. Gulf of Mexico assets, analysts say.
April 12, 2019
Offshore Drillers Ensco, Rowan Complete Merger To Form EnscoRowan
The merger between offshore drillers Ensco and Rowan faced some headwinds, including opposition from one of Rowan's largest shareholders, which led the companies to amend terms of the transaction earlier this year.
April 11, 2019
Acteon Acquires Benthic, Enhances Survey Capabilities
Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic, the company said on April 11.
April 11, 2019
Centurion Group Acquires Tango Delta, Expands Service Portfolio
Centurion Group has expanded its drilling, completions and production segment on April 1 with the acquisition of Tango Delta Rentals, a leading Canadian communications and specialty equipment rentals business.
April 11, 2019
Value of US Oil Deals Plunges 93% In First Quarter
The value of U.S. oil and gas mergers and acquisitions fell to a 10-year low in the first quarter, according to data released on April 4, as investors pushed shale producers that have driven a recent merger boom to focus on lifting shareholder returns rather than production.
April 4, 2019
Energy Dealmaker Jimmy Vallee Joins Winston & Strawn
New partner in Houston office has advised clients in more than $100 billion in deals.
April 4, 2019
Public Capital , Earnings , Unconventional , Shale Plays , Trends , Mergers
US Shale Producers’ Cash Flow Still Weak; Stock Prices Underperform
All but seven of 29 of the top independent shale producers in the U.S. last year spent more on drilling and shareholder payouts than they generated through operations, according to Reuters analysis.
April 2, 2019
Alerian Announces Winners Of The 2019 Ammys
Fleischer, Oelman and Warren are inducted into the Hall of Fame.
April 1, 2019
Public Capital , IPO , Private Equity , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
A&D Review: Upstream M&A’s Unfinished Symphony
Splashy mergers worth billions dominated the talk, but many companies spent 2018 playing it safe as E&P executives fretted over trade, interest rates, demand for oil, how to please investors and how long better times would last.
March 28, 2019