The merger with Nabors Energy Transition Corp. will bring the combined company, called Vast, to the New York Stock Exchange under the ticker symbol VSTE.
From the bruising to the guileful to artful misdirection, Tudor, Pickering Holt & Co. talks how M&A could unfold for the rest of the quarter and the year ahead – via football-heavy analogies.
At the 30th annual NAPE summit, attendees were generally confident that energy M&A will accelerate in 2023.
Also in this week's A&D Minute: Matador Resources' Delaware Basin acquisition was the largest of the year so far at $1.6 billion, plus see how small- and mid-sized companies are sizing up against large E&Ps.
Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
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.
Dan Pickering, Chief Investment Officer of Pickering Energy Partners (PEP), discusses U.S. production and M&A after a “funky and weird” 2022 and sees the U.S. shale boom settling into a “shale business.”
Marianella Foschi, CFO of Civitas Resources Inc., believes that the oil and gas industry is headed in the direction of higher efficiency and lower costs through M&A and embracing cleaner and safer practices.
Also in this week's A&D Minute: Permian Resources' purchases and sales add up to nearly $300 million, plus see what private equity experts are saying about A&D this year.
Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.