Pietro D
Pitts
Hart Energy
Tellurian’s Martin Houston: Selling to Woodside the ‘Right Deal’
Tellurian’s Executive Chairman of the Board Martin Houston discussed with Hart Energy the rationale behind a decision to sell the company to Australia’s Woodside Energy Group Ltd. for $900 million.
Talos Ups Buybacks, Pays Down Debt Post $1.29B QuarterNorth Deal
Talos Energy said it repaid $325 million in debt since closing its $1.29 billion cash-and-stock acquisition of E&P QuarterNorth in March.
EQT Closes $5.45B Acquisition of Equitrans Midstream
In addition to integrating Equistrans’ midstream assets, EQT will focus on reducing the infrastructure company’s debt of between $7.6 billion and $8 billion. Including equity and debt, the deal is valued at roughly $13 billion.
Beyond Permian? Breaking Down E&Ps’ Second Half M&A Prospects
From Permian Resources and Diamondback Energy to Matador Resources and Civitas Resources, analysts weigh in on upstream companies’ M&A mindset as second-quarter earnings season gets underway.
Woodside Energy to Buy LNG Developer Tellurian for $900 Million
Australia's Woodside Energy will pay $1 per share for Tellurian, which earlier this year sold its upstream Haynesville Shale assets to convert into a pure play LNG company, in a deal with an estimated enterprise value of $1.2 billion, including debt.
Halliburton Sees NAM Activity Rebound in ‘25 After M&A Dust Settles
Halliburton said a softer North American market was affected by E&Ps integrating assets from recent M&A as the company continues to see international markets boosting the company’s bottom line.
ISS, Glass Lewis Push Crescent, SilverBow Shareholders to Vote for Merger
Proxy Advisory firms Institutional Shareholder Services and Glass Lewis also recommend that Crescent Energy shareholders vote for the approval of the issuance of shares on Crescent Class A common stock.
Ecopetrol in Discussions with Oxy to Buy $3.6B Stake in CrownRock
Occidental Petroleum is in talks with joint venture partner Ecopetrol SA to acquire a 30% stake in CrownRock LP for approximately $3.6 billion, according to regulatory filings.
Exxon Mobil Selling Malaysia Oil, Gas Assets to Petronas - Sources
Exxon Mobil, which last year marked its 130th year in Malaysia, has been trying to sell its upstream assets in the country since 2020.
The $22.5B Deal: How ConocoPhillips Won Marathon Oil in 33 Days
ConocoPhillips didn’t show up until April 25, while two other unidentified public E&Ps were bidding for Marathon, according to a filing with the Securities & Exchange Commission.