Energy A&D Transactions from the Week of May 3, 2023

Energy A&D Transactions from the Week of May 3, 2023

Here’s a snapshot of recent energy deals, including Cresent Energy Co.'s $600 million Eagle Ford deal and more Enbridge natural gas storage transactions.

Eagle Ford Shale

Enverus: Eagle Ford Upstream Deal Activity Soars in Q1

E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.

Investment in merger

Occidental, NET Power Upsize Investments in Danny Rice-led Merger

Occidental and ET Power LLC has increased their investments in Rice Acquisition Corp. by $625 million.

McKinsey: Over Half of Upstream M&A Has Hurt Shareholder Value

McKinsey: Over Half of Upstream M&A Has Hurt Shareholder Value

During the past 12 years, many of the largest upstream oil and gas deals have lost value for shareholders, according to analysis by McKinsey & Co. 

Camber, Viking Merger

Camber Energy, Viking Reach New Agreement to Merge

Following several years of negotiations, Camber Energy and its majority-owned subsidiary Viking Energy Group amended an agreement to merge.

A&D Minute

A&D Minute: Permian Deals Take Center Stage [WATCH]

Also in this week's A&D Minute, Canadian Pacific and Kansas City Southern merge in a $31 billion deal to create a rail network stretching from the Canadian oil sands all the way to Mexico. 

Energy A&D Transactions from the Week of April 19, 2023

Energy A&D Transactions from the Week of April 19, 2023

Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.

railway system

Canadian Pacific Kansas City Officially Combine in $31 Billion Megamerger

Canadian Pacific and Kansas City Southern have officially combined to form the Canadian Pacific Kansas City railway system, the only single-line railway connecting Canada, the U.S. and Mexico.

Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’

Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’

After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.

Energy A&D Transactions from the Week of April 12, 2023

Energy A&D Transactions from the Week of April 12, 2023

Here’s a snapshot of recent energy deals, including Liberty Energy's purchase of Siren Energy, a Permian-focused CNG provider, and a series of acquisitions by Tailwater Royalties in the Permian, Haynesville and Eagle Ford.