Exxon Eyes Potential Purchase of Permian E&P Pioneer Natural Resources

Exxon Mobil and Pioneer, in separate emails, told Hart Energy they would not comment on market rumors or speculation.

Analysts: Shale M&A Opportunities Shrink After Ovintiv’s $4.2 Billion Permian Deal

With Ovintiv Inc. scooping up three EnCap-backed drillers in the core Midland Basin, public E&Ps have fewer places to look to add quality inventory runway, analysts say.

Not Your Shale Boomer’s M&A Strategy

Rumors of Pioneer Natural Resources and Range Resources exploring a merger is reflective of the state of energy M&A. 

Energy A&D Transactions from the Week of April 5, 2023

Here’s a snapshot of recent energy deals, including Ovintiv's $4.2 billion Midland Basin acquisition and Bakken exit and Riley Permian's $330 deal for New Mexico assets.  

Beyond the Pipe: CEO Greg Ebel on Enbridge’s Strategy for M&A, LNG and Transition

New Enbridge CEO Greg Ebel’s is expanding the "FedEx" of midstream across North America and around the globe through M&A, LNG investments and carbon capture.

International Players Eye Haynesville Potential Through M&A

Majors and IOCs flush with cash are eyeing the Haynesville, which could potentially gin up more M&A activity over coming years, Energy Advisors Group partner Adrian Goodisman said during Hart Energy’s DUG Haynesville conference in Shreveport, Louisiana.

Energy A&D Transactions from the Week of March 29, 2023

Here’s a snapshot of recent energy deals, including Brookfield Renewable Partner's $10.3 billion deal to acquire Origin Energy's Australian assets and Crescent Energy Partners' $1.28 billion acquisition of Montney assets. 

Oil, Gas Price Volatility Slows Upstream M&A Market

A flurry of oil deals kicked off a strong start to 2023, but upstream dealmaking has slowed to a crawl in recent weeks due to low commodity prices and a banking liquidity crisis.

Superior Energy Services Considers Strategic Alternatives, Potential Consolidation

Superior, an international provider of drilling, completion and production services and products, is exploring its options to boost value for shareholders, including through M&A.

Energy A&D Transactions from the Week of March 22, 2023

Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.