Chris
Mathews
Hart Energy
Exxon to Buy Denbury in $4.9B All-stock Deal
Exxon said it is purchasing an experienced developer of carbon capture, utilization and storage (CCUS) solutions and EOR for $89.45 per share, representing a premium of roughly 2% compared to Denbury’s July 12 closing price of $87.75.
A&D Minute: Companies Shore Up Assets, Streamline Operations [WATCH]
In this week's A&D Minute, companies merge, shore up their balance sheet and shift away from fossil fuels.
Howard: Midstream Investors Say ‘Don’t Tread on ‘MMP’
ONEOK’s purchase of Magellan has irked some stakeholders, so the deal between the titans of Tulsa is not a sure thing.
Drilling Tools International Now Public Post-Merger with SPAC
Drilling Tools International Holdings and ROC Energy Acquisition Corp. have merged, creating Drilling Tools International Corp. in a deal worth $40.8 million in cash from a common stock PIPE and trust account.
Baytex Closes $2.2 Billion Acquisition of Eagle Ford’s Ranger Oil
Baytex Energy closed its $2.2 billion acquisition of Ranger Oil Corp., adding scale to the Canadian operator’s position in the Eagle Ford Shale.
Exclusive Q&A: Patterson-UTI, NexTier CEOs Talk Merger, Shale Dominance
Patterson-UTI President and CEO Andy Hendricks and NexTier Oilfield Solutions CEO Robert Drummond discussed the companies’ planned $5.4 billion merger in a Hart Energy exclusive interview.
Patterson-UTI, NexTier Merging in $5.4B Deal
The Patterson-UTI, NexTier merger will create a comprehensive drilling and completions franchise in U.S. land with leadership positions in contract drilling, directional drilling and pressure pumping, according to Patterson-UTI CEO Andy Hendricks.
Asset Manager to Vote Against $18.8 B ONEOK-Magellan Deal
Asset manager Energy Income Partners says the taxes on ONEOK’s deal to buy Magellan Midstream Partners will exceed the premium offered by ONEOK or any potential benefits from a combination.
Danny Rice-led SPAC Completes $2B NET Power Merger
Former Rice Energy Inc. CEO Danny Rice will now lead a power generation company, NET Power, backed by Occidental Petroleum, Baker Hughes, SK Group and other investors.
E&Ps’ Siren Song to Investors: Free Cash Flow
Regaining investor trust–and access to their cash–is on the horizon as the E&P sector returns record profits to investors, a panel of experts said during Hart Energy’s SUPER DUG conference.