Nissa
Darbonne
Oil and Gas Investor
Pioneer’s Rich Dealy on M&A and the End of ‘Free Money’
“I think that these higher [interest] rates are going to lead to more equity [deals] from the smaller companies,” the Pioneer Natural Resources president and COO Rich Dealy said in an exclusive interview.
Energy A&D Transactions from the Week of May 10, 2023
Here’s a snapshot of recent energy deals, including Callon Petroleum Co. bolt-on of Percussion Petroleum in the Delaware Basin and Eagle Ford exit and Permian Resources recent acquisitions, including a bolt-on.
Energy A&D Transactions from the Week of May 3, 2023
Here’s a snapshot of recent energy deals, including Cresent Energy Co.'s $600 million Eagle Ford deal and more Enbridge natural gas storage transactions.
Crescent Energy Bolt-on Adds Eagle Ford Assets for $600 Million
Crescent Energy will acquire operated interests and working interests from Mesquite Energy while nearly doubling its inventory in the play.
McKinsey: Over Half of Upstream M&A Has Hurt Shareholder Value
During the past 12 years, many of the largest upstream oil and gas deals have lost value for shareholders, according to analysis by McKinsey & Co.
Permian in Spotlight as Energy Dealmaking Gathers Steam
Three analysts have identified Diamondback Energy Inc., Matador Resources Inc. and Permian Resources Corp. as possible takeout targets.
Diamondback Energy Reportedly Exploring Delaware Basin Asset Sale
An analyst said Diamondback’s Pecos County, Texas, assets are inferior to its Midland Basin assets and could help the E&P reach its $1 billion divestiture goal.
Energy A&D Transactions from the Week of March 29, 2023
Here’s a snapshot of recent energy deals, including Brookfield Renewable Partner's $10.3 billion deal to acquire Origin Energy's Australian assets and Crescent Energy Partners' $1.28 billion acquisition of Montney assets.
By Hook, Crook and Bolt-on, E&Ps Scramble to Add Inventory
Operators are adding inventory, largely through M&A, as some E&Ps see well productivity plateauing.
Energy A&D Transactions from the Week of March 22, 2023
Here’s a snapshot of recent energy deals, including Canadian Pacific Railway’s $27 billion acquisition of Kansas City Southern, the only single-line crude-by-rail railroad connecting Canada, the U.S. and Mexico.