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.

Lithium Manufacturers Allkem, Livent Agree to $10.6 Billion Merger

The combination of Livent, based in the U.S., and Australia’s Allkem will create an industrial enterprise that spans four continents and will deliver expertise to expand metal supplies to automakers such as Tesla, General Motors and BMW, the companies said.

BP’s $1.3B Merger Gets OK from TravelCenters’ Board

BP’s merger, which will add TravelCenter’s 280 stations along major U.S. highways, is expected to close no later than May 15.

Crescent Point Closes $1.26 Billion Montney Acquisition

Crescent Point Energy’s $1.26 billion Montney acquisition is in close proximity to the company’s recently acquired Kaybob Duvernay assets.

Sitio Royalties Hits Unusual M&A Wall in Q1

The first quarter was the first time in over two years that Sitio Royalties hasn’t announced or closed a new acquisition, and it wasn’t for a lack of looking.

Argonaut Acquires Drilling Equipment Provider Center Rock

Argonaut’s acquisition of drilling tools provider Center Rock will build on its potential as a tool manufacturer to expand into new industries. 

A&D Minute: High-dollar Deals in South Texas [WATCH]

In this week's A&D Minute, Callon Petroleum unveils plans to exit the Eagle Ford Shale, Crescent Energy looks to expand its Eagle Ford inventory and Diamondback Energy completes divestitures of assets both upstream and midstream. 

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.

Montrose Environmental Group Acquires GreenPath Energy

Montrose Environmental Group has acquired GreenPath Energy, an optical gas imaging and fugitive emissions management firm for oil and gas companies.

Marketed: Goldenkey Oil Bankruptcy Sale of Oil, Gas Assets in Alberta

Goldenkey Oil retained Sayer Energy Advisors to assist in a bankruptcy sale of oil, gas assets in Alberta, Canada.