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(Reuters) – Japan Petroleum Exploration said on Thursday it will acquire all equity interests in four Fundare companies holding tight oil and gas assets in Colorado and Wyoming for about $320 million. The acquisition, expected to close in the October-December quarter, follows the purchase of adjacent Verdad Resources assets in February and is expected to …
Japex to Buy US Tight Oil and Gas Assets for $320 Million Read More »
(Reuters) – Dealmaking in the U.S. upstream oil and gas sector shrank fourfold to $9 billion in the second quarter of this year as volatile oil prices tempered investor confidence, analytics firm Enverus said on Wednesday. “Crude volatility tied to the Iran conflict and a softening gas outlook likely widened the bid-ask spread and complicated …
US Upstream Oil and Gas Second-Quarter Dealmaking Dives on Volatility Read More »
Takeaways by Bloomberg AI Williams Cos. reached a deal to buy Momentum Midstream LLC from EnCap Flatrock Midstream through a deal valued up to $5.5 billion, expanding its natural gas network along the US Gulf Coast. Williams will pay $3.5 billion in cash and debt consideration and about $2 billion in stock for the company, adding …
M&A: Williams Agrees to Buy Momentum Midstream for $5.5 Billion Read More »
(Reuters) – U.S. oil and gas producer Devon Energy is weighing a potential sale of its Eagle Ford and Powder River shale assets that could fetch more than $4 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The potential divestment comes amid continued investor pressure on Devon to streamline its portfolio …
(Reuters) – Matador Resources said on Thursday it would buy privately held Paloma Permian from EnCap Investments for about $1.28 billion, adding high-quality drilling assets in the oil-rich Delaware Basin. U.S. shale producers are prioritizing acquisitions that add premium drilling inventory over rapid production growth to maintain capital discipline, allowing them to sustain output and …
Matador to Buy Paloma Permian for $1.28 Billion, Bolsters Delaware Basin Presence Read More »
July 20 (Reuters) – Magnolia Oil & Gas (MGY.N) said on Monday it had agreed to acquire WildFire Energy for about $4.06 billion, including debt, to expand its position in the Giddings field in South Texas. The deal includes about 810,000 net acres in Giddings, more than doubling Magnolia’s position there to over 1.25 million …
Magnolia Oil & Gas to Buy WildFire Energy in $4.06 Billion Deal Read More »
Activist investors pushed global companies more aggressively in the second quarter to make changes and lifted the overall pace of campaigns in the first half of 2026, Barclays data showed, as their biggest demand was for businesses to sell themselves in a rebounding deal market. Compared with the first half of 2025, activists such as …
Activist Investors Make Bigger Push for Campaigns in H1, Seek More M&A Read More »
By David Carnevali, Ryan Gould, and David Wethe Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as its largest-ever acquisition, according to people familiar with the matter. The Houston-based shale producer is poised to win the auction for …
Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion Read More »
By Stephanie Kelly Buyback pause linked to pending ARC Resources acquisition and shareholder vote Unpurchased shares will be rolled into 2026 buybacks, pending board approval ARC deal is Shell’s largest since 2016 LONDON, June 12 (Reuters) – Shell (SHEL.L) said on Friday it was pausing its $3 billion share buyback programme through July 14, citing …
Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote Read More »
(Reuters) – Exxon Mobil Corp is exploring potential acquisition targets, including Australia’s Woodside Energy Group, Bloomberg News reported on Friday, citing people familiar with the matter. Any move for Woodside would further strengthen the U.S. oil major’s position in liquefied natural gas (LNG), a business that major energy companies increasingly see as a key growth …
