Upstream Oil and Gas Trends: Brightness on the Horizon?
From COVID-19 vaccines to the rise in oil rigs and solidifying oil prices, here are some encouraging trends in the upstream oil and gas business, according to the president of Ralph E. Davis Associates, an Opportune company.
Energy A&D Transactions from the Week of April 7, 2021
Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
Pioneer’s Latest Acquisition to Help Alleviate Concerns of Another Shale Drilling Binge
The acquisition of privately held oil and gas companies by mature operators, like Pioneer Natural Resources’ recent multibillion-dollar agreement to acquire DoublePoint Energy, should help alleviate concerns that U.S. shale could again oversupply the market and crash prices, says analyst.
From Oil and Gas Investor Editor-in-Chief: Green Shoots for Black Gold
The social and regulatory environment to demonize fossil fuels could have unexpected near-term consequences for those that wish for green-only subsistences.
Oil and Gas Investor Cross-border Partnerships: International JVs
Conducting business internationally offers many opportunities to U.S. oil and gas companies, but a proper understanding of the partnerships often involved is key. Here are some of the practical considerations of pursuing a successful joint venture abroad.
Energy A&D Transactions from the Week of March 31, 2021
Here’s a snapshot of recent energy deals including Ovintiv’s Eagle Ford Shale exit through the $880 million sale of its South Texas assets to Validus Energy plus the all-stock merger of Noble Corp. with Houston-based Pacific Drilling.
Oil and Gas Investor At Closing: All SPAC-ed Out
Investors are not recognizing how much value is still in oil and gas right now—the most in years. Many of these newly disciplined large-cap E&P companies are in good shape and getting better.
Oil and Gas Investor A&D Market Update: A New Breed of Buyer
A stabilizing and upward trending oil price should support A&D transactions in 2021, fueled by M&A pushing assets into play. And a surprising amount of capital is hunting in the middle market arena.
Oil and Gas Investor US E&P A&D Deal List: Second-half 2020
Chevron’s Noble Energy megadeal and the closing of Hilcorp’s $5.6 billion acquisition of BP Alaska top our list of upstream deal-making from the second half of 2020.
E&P Trends: Upstream Scale Premium Persists
Steve Hendrickson, president of Ralph E. Davis Associates, examines whether publicly traded upstream company trading multiples continue to reflect a size premium.