Jingle bells are ringing this week in the Land of Oil and Gas A-plenty where midstream operators are already unwrapping holiday gifts. ...
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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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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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After snapping up the largest, privately held, pure-play operator in the Midland last February, Texas-based Diamondback Energy (FANG) emerged a Permian force of nature....
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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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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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