Jordan
Blum
Hart Energy
Regulators OK $27 Billion Megamerger of Canadian Pacific, Kansas City Southern Railroad
Canadian Pacific Railway and Kansas City Southern’s new CPKC rail system creates the only crude-by-rail and refined products network spanning Canada to Mexico.
Energy A&D Transactions from the Week of March 8, 2023
Here’s a snapshot of recent energy deals including Carrier Energy Partners' exit from the Eagle Ford Shale and Equinor's purchase of Suncor Energy's U.K. business for $850 million.
A&D Minute: Diamondback Doubles Down on M&A [WATCH]
Also in this week's A&D Minute: Chesapeake got a "much better deal" in its second Eagle Ford divestiture of the year and Quantum Energy dipped its toe in the D-J Basin.
The Eagle Ford Shale Takes Flight
The South Texas Eagle Ford Shale’s emergence as an M&A hot spot in late 2022 highlights the play’s market potential this year.
Baytex to Acquire Eagle Ford E&P Ranger Oil for $2.5 Billion
The deal is the latest Eagle Ford transaction following months of multi-billion dollar M&A by Marathon Oil, Devon Energy and, most recently, Chesapeake Energy.
Pioneer Natural Resources Denies Report of Acquisition Interest
Pioneer Natural Resources made the statement following news reports that it was considering an acquisition of Appalachian E&P Range Resources Corp.
Exclusive: Select Energy Services to Rebrand, Announces Multiple Permian Basin Acquisitions
In the first half of 2023, Select Energy Services will rename itself Select Water Solutions to indicate that the company has applications outside traditional oil and gas use.
Volume Over Value: A&D Market Primed for Active, But Thrifty Rebound
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
New Capricorn Board Scraps NewMed Merger After Shareholder Revolt
"Taking into consideration the views expressed by shareholders... the board has resolved to advise shareholders to vote against the NewMed transaction," Capricorn Energy said.
A&D Minute: Closing Deals Left and Right [WATCH]
Also in this week's A&D Minute: See what Tudor, Pickering, Holt & Co. president Chad Michael has to say about 2023's M&A outlook.