Darren
Barbee
Oil and Gas Investor
Private E&Ps Pursue Dollars Amid Change
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.
Permian M&A: Oxy Shops Delaware Assets, Family Oil Cos. Stand Out
As operators scour the Permian Basin for M&A opportunities, they’re keeping an eye on a tepid divestiture market. Family-owned oil companies also stand out among the pack of private inventory holders remaining in the Permian, according to Enverus Intelligence Research.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Is Double Eagle IV the Most Coveted PE-backed Permian E&P Left?
Double Eagle IV is quietly adding leases and drilling new oil wells in core parts of the Midland Basin. After a historic run of corporate consolidation, is it the most attractive private equity-backed E&P still standing in the Permian Basin?
Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties.
RBC: Minerals, E&P Stocks Wooing Back Generalist Investors
Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.
Chord, Enerplus’ $4B Deal Clears Antitrust Hurdle Amid FTC Scrutiny
Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.
ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet
Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.