Bankers from CrossFirst, Texas Capital, BOK Financial and Comerica say that after a sluggish season of asset level deals, divestitures will come from larger-scale M&A, but it will take time.
Woodside Energy has said it expects to close the acquisition of Tellurian, and its Driftwood LNG permitted facility, by December.
Crescent Energy CEO discusses the expanding gravitational pull of Crescent after acquiring SilverBow and others.
Chesapeake Energy Corp. has closed on its $7.4 billion takeover of Southwestern Energy Co. to create Expand Energy.
EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
Midstream growth prospects limit funding at the moment, but the coming consolidation should shake things up.
Chesapeake Energy’s merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.
Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips?
After acquiring Plow Technologies, home of the OnPing SCADA platform, PakEnergy looks to enhance its remote monitoring solutions.
The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.