Acquisitions Archives

CenterPoint Energy, Inc. is selling its Louisiana and Mississippi natural gas local distribution company (LDC) businesses for $1.2 billion.

CenterPoint to Sell LDCs in Louisiana, Mississippi for $1.2B

Story By Rocky Teodoro |RigZone.com| CenterPoint Energy, Inc. is selling its Louisiana and Mississippi natural gas local distribution company (LDC) businesses to...

Despite the record-breaking M&A values in 2023, future activity is expected to evolve in the changing energy landscape and oil markets.

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Surging to New Heights: Record $192 Billion M&A Activity Reshapes US Oil & Gas Industry in 2023

The US oil and natural gas industry experienced a historic surge in mergers and acquisitions (M&A) activity in 2023, with a record-setting...

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Sunoco Announces $7.3B Acquisition of NuStar Energy

In a pivotal move that reshapes the landscape of the midstream oil and gas sector, Sunoco LP has announced its agreement to...

Mergers & energy consolidation are reshaping the Permian Basin as Exxon, Chevron, & Permian Resources closed deals and Oxy is now on the hunt.

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A Surge in Shale Consolidation: Exxon, Chevron, Occidental and Permian Resources Lead Mega-Mergers in the Permian Basin

Occidental Petroleum is in advanced talks to acquire CrownRock, a prominent private oil producer in the US shale sector, specifically in the...

Merger and acquisition activity might not match the size of the Permian shale oil deals by Exxon and Chevron, but companies are hunting.

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Argus Media: Shale M&A to gather pace in hunt for inventory

Story By Stephen Cunningham |Argus Media| Future merger and acquisition activity may not be able to match the size of the deals...

Chevron is buying Hess for $53 billion in stock gaining a bigger U.S. oil footprint + a stake in rival Exxon Mobil's big Guyana discoveries

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Chevron to buy Hess Corp for $53 billion in all-stock deal

By Sabrina Valle and Mrinalika Roy. HOUSTON, Oct 23 (Reuters) – Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S....

Petrie Partners, home to a tight team of energy specialists, is among half a dozen banks working on Exxon Mobil Corp.’s $60 billion takeover of Pioneer Natural Resources Co.

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Exxon-Pioneer deal is a big score for oil boutique Petrie Partners

Story By Matthew Monks|Bloomberg| The biggest energy deal of the year has thrown up a much-needed win for the US’s major investment...

Permian Resources said it would buy rival driller Earthstone Energy on Monday, enhancing its position in the Delaware Basin.

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Permian Resources to Acquire Earthstone Energy in $4.5 Billion All-Stock Deal

Story By Kevin George |Investopedia| Independent shale oil exploration and production (E&P) company Permian Resources (PR) said it would buy rival driller...

Houston Natural Resources acquires Appalachian Basin Cunningham Energy for $352M, plans to rebrand as Cunningham Natural Resources

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Houston Natural Resources Corp. Acquires Appalachian EP, Set to Rebrand – A Summary

Houston Natural Resources Corp. (HNRC) plans to rebrand after acquiring full ownership of Appalachian Basin E&P Cunningham Energy. Houston Natural Resources acquired...

Baytex Energy closed its $2.2 billion acquisition of Ranger Oil Corp.

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Baytex Closes $2.2 Billion Acquisition of Eagle Ford’s Ranger Oil

Story By Chris Matthews |Hart Energy| Baytex Energy Corp. closed its multibillion-dollar acquisition of Ranger Oil Corp., expanding the Canadian E&P’s footprint...

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Acquisitions