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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When last we visited Energy Transfer earlier in May, the midstream machine and its combo platter of crude oil, natural gas, and NGL energy infrastructure had just wrapped up a spectacular 1Q. Perhaps there was a twinkle in the eye from Executive Chairman Kelcy Warren as the company marked its achievements, the reap of rewards from last year’s $9 billion in acquisitions, and the not-so-subtle hint there could be more fish to fry given just the right cast. ...
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Back in Fall 2022, Fort Worth, Texas-based FireBird Energy—a Permian player that had built up a respectable position in the Midland over three years—hit the kind of jackpot with a story every portfolio company and their PE money-backers live to tell. ...
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Reese Energy Consulting today is following the latest buzz from the nation’s largest oil-producing state where the Texas horse trading continues among midstreamers and Eagle Ford producers. ...
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Somewhere in N.Y., at least one energy investment firm could be peeling itself off the ceiling. The long and popcorn-worthy proxy battle between Kimmeridge (KEM) and Houston-based SilverBow Resources (SBOW) took a dramatic twist today perhaps no one saw coming. ...
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Multi-generational oil and gas dynasties have long added color, dust, and sweat to Texas history. There are fewer of them now, the ones that date back more than a century. Bygone reminders of a time when families expected their heirs—and their heirs’ heirs—to keep the family business in the family in perpetuity. Then there’s the Killams. ...
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