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.

Tellurian’s Driftwood LNG Saga Continues

Tellurian Inc., which is developing the Driftwood LNG LLC project in Lake Charles, is looking to double its authorized shares amid an ongoing search for up to $2 billion in equity funding to move the project forward.

Canadian Pacific Kansas City Officially Combine in $31 Billion Megamerger

Canadian Pacific and Kansas City Southern have officially combined to form the Canadian Pacific Kansas City railway system, the only single-line railway connecting Canada, the U.S. and Mexico.

Sitio CEO Seeks More Mineral, Royalty M&A: ‘We’re Still Too Small’

After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.

Dominion Energy Plans to Buy Solar Project in Virginia

Dominion Energy Inc. plans to buy Longroad Energy’s 108-MW Foxhound solar project in Virginia.

Matador Closes $1.6 Billion Delaware Basin Bolt-on

Matador closed on a $1.6 billion deal to purchase EnCap’s Advance Energy Partners, capturing inventory in the Delaware Basin’s Lea County, New Mexico, and Ward County, Texas.

Kimbell Royalty Partners Boosts Midland Basin Position with $143 Million Deal

Kimbell Royalty Partners is growing its Permian Basin footprint with royalty acres in the Northern Midland Basin in an acquisition with MB Minerals, a subsidiary of Sabalo Holdings LLC.

A&D Minute: Will Exxon, Pioneer Deal Top $70B? [WATCH]

Also in this week's A&D Minute, Tailwater E&P CEO Doug Prieto weighs in on Tailwater Capital's minerals and royalties strategy in key shale basins. 

China's Sinopec to Take Stake in Qatar's North Field East

The deal marks first shareholding for an Asian customer. 

Energy A&D Transactions from the Week of April 12, 2023

Here’s a snapshot of recent energy deals, including Liberty Energy's purchase of Siren Energy, a Permian-focused CNG provider, and a series of acquisitions by Tailwater Royalties in the Permian, Haynesville and Eagle Ford.