ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute

In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.

October 11, 2024

‘Worried’ E&Ps Keep Merging as Shale Ages, Costs Rise—Kimmeridge

With just half as many public E&Ps around today as there were in 2017, Kimmeridge and Managing Partner Ben Dell think the E&P space still has—and needs—plenty more M&A.

October 11, 2024

After M&A, Some ‘Stingy’ E&Ps Plan to Hold Operated Shale Inventory

After a whirlwind run of upstream consolidation, experts anticipated a wave of portfolio rationalization and divestitures. But with high-quality drilling locations already scarce, E&Ps may cling to operated inventory.

October 10, 2024

Bankers' Outlook for A&D: A Slow Unwinding of Asset Sales

Bankers from CrossFirst, Texas Capital, BOK Financial and Comerica say that after a sluggish season of asset level deals, divestitures will come from larger-scale M&A, but it will take time.

October 9, 2024

Vivakor Closes Acquisition of Permian, Eagle Ford Crude Logistics

Vivakor purchased Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and Oklahoma’s STACK play.

October 8, 2024

Summit Midstream Acquires Tall Oak Midstream III in $450MM Deal

The acquisition of Tall Oak Midstream III balances Summit Midstream’s crude and natural gas commodity exposure in preparation for high natural gas demand in the coming years, Summit Midstream CEO Heath Deneke said.

October 2, 2024

Energy Transfer Leads the Midstream Consolidation Flow

Energy Transfer co-CEOs discuss pipeline pain points, needed M&A, regulatory woes and much more in this Midstream Business exclusive.

October 1, 2024

Validus to Buy Citizen Energy in Deal Worth Over $2 billion, Sources Say

Citizen Energy, backed by private equity firm Warburg Pincus, started exploring a sale in recent months after Validus Energy offered to buy the company, the sources said.

September 26, 2024

Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy

Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips? 

September 26, 2024

Mach to Sell Additional Common Units to Fund A&D

Mach Natural Resources announced that the underwriters of its public offering of 7.27 million units have exercised an option to purchase an additional 1 million common units at $16.50 per unit.

September 25, 2024