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Hart Energy
ConocoPhillips to Acquire Marathon Oil for $17.1B
The ConocoPhillips-Marathon Oil deal is valued at $22.5 billion when including $5.4 billion of debt and adds complementary acreage to ConocoPhillips’ Lower 48 portfolio with more than 2 Bbbl of resource.
Energy Transfer to Buy Permian Midstream Player WTG for $3.25B
Energy Transfer has agreed to purchase WTG Midstream Holdings’ assets, including Midland Basin core infrastructure, from Diamondback Energy, Stonepeak and the Davis Estate in a cash and stock deal.
Proxy Vote Preview: Chevron, Hess and Guyana Uncertainty
Chevron Corp. stockholders will vote on May 28 and Hess’ stakeholders on May 29 on a $53 million combination that largely centers on Hess’ stake offshore Guyana.
Martin Resource Offers to Buy Spinoff Martin Midstream for $100.3MM
Martin Resource Management created Martin Midstream through an IPO in 2002.
Earthstone’s Anderson Relaunches, Seeks Conventional
The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.
Sell High, Invest Low: Kinetik CEO on Creating Value with Durango Deal
Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview.
Crescent’s Credit Score Found Positive Following $2.1B SilverBow Deal
Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.
Enerplus, Chord on Track to Close $4B Williston Deal on May 31
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.
Blankenship, Regens: More Demand, More M&A, More Regs
In 2024, the oil and gas industry is dealing with higher interest rates, armed conflicts in Europe and the Middle East, rising material costs, a decrease in Tier 1 acreage and new policies and laws.
CEO: FireBird II Prowls Western Midland Basin for M&A, Deep Exploration
After selling the first FireBird Energy to Diamondback for $1.6 billion, the FireBird II team is adding leases and scaling oil production in the western Midland Basin, CEO Travis Thompson said at Hart Energy’s SUPER DUG Conference & Expo.