Here’s a snapshot of energy deals from the past week including the mammoth Chevron-Anadarko Petroleum merger plus Shell’s nearly $1 billion Gulf sale and a Concho Resources midstream JV.
WaterBridge was among the first companies to carve out a niche in the ‘wild west’ water midstream business of the Permian Basin.
The A&D world has been slow and frustrating of late. These experts discuss recent deal metrics and what drivers might kick-start additional deal-making this year.
SPEAKER(S):
Jason Martinez, Managing Director & Co-Head A&D Group, BMO Capital Markets
Here’s a snapshot of energy deals from the past week including a deal worth up to $320 million for Callon Petroleum assets in the Midland Basin and the $8.6 billion TAG pipeline deal.
A recent survey found that a majority of oil and gas producers in the U.S. expect their borrowing bases to remain the same despite a significant oil price drop.
E&Ps continue to find balance between returns to investors and growth.
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.
Here’s a snapshot of energy deals from the past week including a $69.1 billion acquisition made by Saudi Aramco and a $400 million proposed Appalachia deal.
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.
Today’s nonop E&P teams go the extra mile to ensure the latest data for investing in oil and gas wells and future inventory.
