Paisie: Global, Domestic Uncertainty Weigh on Oil Prices

“Without a supply shock, we do not expect oil prices will break through $100 this year,” says industry analyst John Paisie.

Pearl Energy Investments Raises $705 Million Fund to Target Permian

Pearl Energy Managing Partner Bill Quinn told Hart Energy the fund is backing three management teams, with two focused on the Permian and a third with a heavy emphasis on Saskatchewan, Canada.

Pioneer’s Rich Dealy on M&A and the End of ‘Free Money’

“I think that these higher [interest] rates are going to lead to more equity [deals] from the smaller companies,” the Pioneer Natural Resources president and COO Rich Dealy said in an exclusive interview.

Energy A&D Transactions from the Week of May 10, 2023

Here’s a snapshot of recent energy deals, including Callon Petroleum Co. bolt-on of Percussion Petroleum in the Delaware Basin and Eagle Ford exit and Permian Resources recent acquisitions, including a bolt-on.

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.

Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million

Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.

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. 

Permian in Spotlight as Energy Dealmaking Gathers Steam

Three analysts have identified Diamondback Energy Inc., Matador Resources Inc. and Permian Resources Corp. as possible takeout targets.

Diamondback Energy Reportedly Exploring Delaware Basin Asset Sale

An analyst said Diamondback’s Pecos County, Texas, assets are inferior to its Midland Basin assets and could help the E&P reach its $1 billion divestiture goal.

Energy A&D Transactions from the Week of March 29, 2023

Here’s a snapshot of recent energy deals, including Brookfield Renewable Partner's $10.3 billion deal to acquire Origin Energy's Australian assets and Crescent Energy Partners' $1.28 billion acquisition of Montney assets.