Posted on December 5, 2024
Barnett Shale, Company Spotlight, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent, Permian, Uinta Basin, Uncategorized

In an interview back in October, Crescent Energy CEO David Rockecharlie quipped, “We feel like we’re the largest company nobody’s ever heard of.” Oh, but we do hear you. Loud and clear. With now a third Eagle Ford acquisition this year, Houston-based Crescent is a growth through acquisition E&P that looks to double the size of its company in the next five years. And it’s off to a rip-roaring start. ...

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Posted on November 25, 2024
Company Spotlight, Crude Oil, Gas Plants, Gathering Systems, Joint Ventures, Marcellus / Utica, Mergers & Acquisitions, Midstream, Natural Gas, Permian, Pipelines, Private Equity

Seems there’s no going cold turkey this Thanksgiving week when it comes to making billion-dollar pipeline deals. For ONEOK and EQT, this means making more 4Q gravy to further execute their strategies whether they be expansion opportunities or shedding debt before the holiday season wraps up....

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Posted on October 29, 2024
Appalachia, Company Spotlight, Crude Oil, Haynesville, Marcellus / Utica, Mergers & Acquisitions, Midstream, Natural Gas

For producers and midstreamers that have made multi-billion-dollar acquisitions in the era of consolidation now two years in, slashing debt is front and center if a CEO hopes to sleep at night and keep a happy face on their debt-to-capital ratio. ...

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Posted on October 17, 2024
Bakken, Company Spotlight, Crude Oil, Executive Spotlight, Mergers & Acquisitions, Natural Gas, Permian, San Juan Basin

Might Texas-born Bob Simpson be looking to build back the Williston Basin powerhouse he created more than a decade ago? Back in 2010, the company Simpson founded in 1986—XTO Energy—merged with Exxon in a $41 billion all-stock deal pronounced one of the largest transactions in history for an independent oil and gas company. ...

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