As more debt is restructured or discharged, the drag on M&A should lessen, which could lead to the return of dealmaking in the oil and gas sector to pre-pandemic levels, Deloitte says.
Private equity’s interest in oilfield services is expanding the definition of what is investable in the OFS space.
Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.
Behold! Like the ancients scanning the sky for portents, large bodies are colliding in the observable M&A-verse of upstream oil and gas.
A model of disciplined tenacity, Midland Basin-focused Earthstone Energy patiently and diligently builds scale through good times and bad. And new CEO Robert J. Anderson makes no apologies for being a small-cap, growth-oriented oil and gas producer.
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
A panel hosted by Stephens Inc. provided perspectives on 2020 and the outlook for 2021, addressing a variety of fundamental topics. How should companies feel as the New Year kicks off? Cautiously optimistic is the suggestion, but that’s in part simply because the alternative is so depressing.
Creative financings were put together by oil and gas companies in 2020 despite the incredible obstacles at hand, says panelist at IPAA’s Private Capital Conference.
Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.