Chris
Mathews
Hart Energy
Marketed: Rex Energy Ltd. Operated WI in Alberta
Rex Energy Ltd. has retained Sayer Energy Advisors for the sale of an operated WI located in the Wizard Lake area of Alberta.
Searching for Scale, Berry Corp. ‘Aggressively’ Hunting More M&A
Berry Corp. recently closed a multimillion-dollar acquisition to grow its footprint in California. But Berry wants to add even more scale through M&A, especially outside of the Golden State.
Midstream Consolidation Pays Off in the Third Quarter
Pipeline company M&A continues as Lower 48 production soars while midstream companies also hiked dividends despite weak commodity prices.
Analysis: Endeavor Energy’s Value Could Hit $30 Billion
Exxon Mobil’s valuation of Pioneer Natural Resources plus new Endeavor data suggests buying Endeavor Energy Resources could come with a high price tag, according to Hart Energy analysis.
TC Energy Considering JVs in Canada, Mexico to Raise Cash
TC Energy reported that its Canadian Coastal GasLink pipeline is mechanically complete, ahead of the company’s December target.
Mach Natural Resources Inks $815MM Anadarko Deal Fresh Off IPO
Just weeks after going public on the New York Stock Exchange, Mach Natural Resources is growing its position in Oklahoma with an $815 million acquisition from Paloma Partners IV LLC.
TotalEnergies Acquires 1.5 GW Texas Power Plants
TotalEnergies’ deal to acquire 1.5 gigawatt in additional flexible production capacity will complement its renewable capacity in Texas and strengthen its trading capabilities in the gas and power market.
Occidental Dives Headfirst into Direct Air Capture, Analyst Raises Doubts
Occidental Petroleum and its affiliate 1PointFive remain gung-ho on DAC technology, but one Wall Street analyst from Wells Fargo isn’t drinking all the DAC Kool-Aid yet, for several reasons.
Permian Resources Finds ‘Unique Value Prop’ in Small-ball M&A
Permian Resources isn’t ruling out more large-scale M&A after closing a $4.5 billion acquisition earlier this month, but the growing E&P sees multiple opportunities for small-scale bolt-ons in the Delaware Basin.
Commentary: Addition by Subtraction and Other Fuzzy Math Problems
Exxon Mobil’s acquisition of Pioneer Natural Resources diminishes—at least, temporarily—the swagger of U.S. independents.