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.
Camber Energy, Viking Reach New Agreement to Merge
Following several years of negotiations, Camber Energy and its majority-owned subsidiary Viking Energy Group amended an agreement to merge.
A&D Minute: Permian Deals Take Center Stage [WATCH]
Also in this week's A&D Minute, Canadian Pacific and Kansas City Southern merge in a $31 billion deal to create a rail network stretching from the Canadian oil sands all the way to Mexico.
Energy A&D Transactions from the Week of April 19, 2023
Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.
Canadian Pacific Kansas City Officially Combine in $31 Billion Megamerger
Canadian Pacific and Kansas City Southern have officially combined to form the Canadian Pacific Kansas City railway system, the only single-line railway connecting Canada, the U.S. and Mexico.
Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’
After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.
Energy A&D Transactions from the Week of April 12, 2023
Here’s a snapshot of recent energy deals, including Liberty Energy's purchase of Siren Energy, a Permian-focused CNG provider, and a series of acquisitions by Tailwater Royalties in the Permian, Haynesville and Eagle Ford.
Tailwater Acquires Permian, Eagle Ford, Haynesville Royalties, Eyes More M&A
Doug Prieto, CEO of Tailwater E&P, told Hart Energy the firm was comfortable with the breakeven costs and well control within the Permian, Eagle Ford and Haynesville.
Analysts: Pioneer Megamerger Could Cost Exxon Mobil $70 Billion
A megamerger between shale driller Pioneer Natural Resources and supermajor Exxon Mobil could reshape the Permian Basin. But Exxon would need to offer a hefty sum to attract a deal, analysts say.
From Empire Building to Building Resistance
The next era of M&A looks to be characterized by less new infrastructure and big transactions.