The Latest

EY: Three Themes That Will Drive Transformational M&A in 2025

Prices, consolidation and financial firepower will push deals forward, says EY.

Pipeline Tech Firm TDW Merges with Petro-Line

The move to merge with Canadian pipeline repair firm Petro-Line expands TDW’s service options for the midstream sector.

PHX Minerals Explores Sale After Rejecting Acquisition Bids

PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years.

Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal

Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.

Uinta’s Scout Energy Likely Not for Sale as Takeaway to Gulf Rises

Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.

As Upstream M&A Settles, Oilfield Services Gear Up for More Deals

Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.

Matador Consolidates Midstream Subsidiary, JV in $600MM Deal

Matador is merging its Delaware Basin Pronto Midstream subsidiary with its San Mateo Midstream joint venture with Five Point Energy to showcase assets an analytical firm called "underappreciated."

Q&A: Exxon Mobil Pioneers the Permian and Guyana

Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.

Firms Take Fight Against $132MM Martin Midstream Merger

Nut Tree Capital Management and Caspian Capital accused Martin Resource Management of proposing an insider deal that undervalues the cost of Martin Midstream’s shares.

ONEOK Announces $4.3B Deal to Acquire Remaining EnLink Stock

ONEOK’s deal to acquire the remaining stake in EnLink is expected to close in the first quarter of 2025.