Oh, to be a fly on the wall in the C-suite when “advanced talks” of a potential merger conclude with a final agreement. There’s a certain romanticism to the dance—at least one can envision—when negotiations are at last settled, and a hard-fought deal is ultimately reached that promises more bounties ahead....
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Reese Energy Consulting is Marked Safe from yesterday’s Okla., tornado outbreak that whipped up so much wind energy in six hours that N.Y’s, offshore wind farms began crying, “No fair!” Meanwhile, whirling dervishes in the news sphere are spawning all around. ...
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When earnings season rolls around, which it now has with 1Q in the bag for most oil and gas companies, Wall Street analysts are nothing short of giddy to share their comparisons and contrasts among rivals following earnings reports. That’s what shareholders expect. But in the echelon of largest U.S. energy players, this exclusively translates to Exxon and Chevron—also ranked as fifth and seventh largest, respectively, in the world. ...
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One of the best things to discover from a news piece reporting a new oil and gas deal is the story that lies behind it no one’s talking about. That is unless one is inclined to dive deeper to understand the decision maker behind the deal. ...
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Reese Energy Consulting today has curated a couple of news nuggets worthy of mention to put an exclamation point on your Thursday. We start with the announced retirement of EOG Resources President Billy Helms, who will depart his position May 31 after only three years, cutting his physical tether to the company that’s defined 40-year career. ...
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On an idyllic California day last October, the nation’s second-largest energy major made a game-changing acquisition. In a stunning announcement less than two weeks after Exxon’s $59.3 billion merger with Pioneer Natural Resources, Chevron inked a $53 billion, love-you-bye deal with Hess Corporation....
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