- The Oneline Report
- Archive
- Page 2
Archive
Single Promote' Sales
Coterra Energy to acquire oil and gas assets for $3.95 billion, expanding its holdings in a strategic move; Aethon Energy considers options for its $10B U.S. natural gas assets amid market shifts; Ridgemar explores $1B+ sale of its U.S. oil production assets; Republican sweep may fuel more U.S. oil and gas projects; Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026.
Spreadsheet Math Troubles
Diamondback sticks to production target in market that ‘remains volatile at best’; Saudi Aramco sees 15% profit drop but keeps dividend; SM, Crescent Testing New Benches in Oily, Stacked Uinta Basin; Exxon CEO on U.S. election: ‘Not sure how ‘drill, baby, drill’ translates into policy’
Acreage Swaps
Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets; Eni: sale of upstream assets in Alaska to Hilcorp completed for $1B; Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions; Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset
Quantum of Capital for Quantum Capital
Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition; EQT sells non-op Marcellus asset to Equinor for $1.25 billion; Enterprise acquires Piñon Midstream from Matador Resources for $113M, adding strategic assets; Colonial Pipeline Considering $10B Sale
Blackstone & EQT to Make a Deal?
Blackstone explores acquisition of EQT's pipeline stakes, valued at $3.5 billion; Small-ball Deals Plentiful, but Prices Vary; New Mexico studies oil drilling restrictions that would hit output, revenue'; EIG’s MidOcean Completes Acquisition of Additional 15% Stake in Peru LNG.
Crescent's Further M&A Ambitions
Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says; Midstream giants target private GP assets in niche strategy shift; EQT achieves net zero carbon goal ahead of 2025 goals; New state and federal regulations threaten Colorado's oil and gas industry.
Hedge Fund Picks $SD As Their Horse
Asset Manager Buys SandRidge Stake, Looks for More Midcon M&A; Energy enrollments rise, students explore diverse paths in the sector; U.S. construction costs rose slightly for solar and wind, dropped for natural gas in 2022; Spicewood Acquires Multiple Permian Basin Mineral Interests.