Chris
Mathews
Hart Energy
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.
By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
Energy A&D Transactions from the Week of March 22, 2023
Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.
Collapse in US Gas Prices Dents Shale A&D
Price volatility has stymied reported plans by a unit of Tokyo Gas Co Ltd. to acquire Rockcliff Energy from private equity firm Quantum Energy Partners.
A&D Minute: Diamondback Doubles Down on M&A [WATCH]
Also in this week's A&D Minute: Chesapeake got a "much better deal" in its second Eagle Ford divestiture of the year and Quantum Energy dipped its toe in the D-J Basin.
Rockies-Focused Bison IV Wins $500MM in Backing From Quantum
Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming.
A&D Minute: Will 2023 Be Another Topsy-turvy Market for M&A? [WATCH]
Also in this week's A&D Minute, BP opens its wallet to buy $1.3 billion worth of convenience stores and Vital Energy adds Midland Basin acreage.