Mergers and Acquisitions

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Diversified Energy Expanding Leadership Position in Oklahoma with Accretive Acquisition of Canvas Energy

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Press Releases, US News / By

Download as PDF Diversified Energy Expanding Leadership Position in Oklahoma with Accretive Acquisition of Canvas Energy Delivers Approximately 18% and 29% Increase in Adjusted EBITDA and Free Cash Flow, Driven by a 13% Increase in Production While Adding Proved Reserves Complementary Producing Assets and Adjacent Acreage Expected to Drive Meaningful Synergies and Asset Optimization Opportunities …

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Canada’s Strathcona Resources Ltd. Confirms Acquisition of Additional Common Shares of MEG Energy Corp.

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Oil, Press Releases / By

CALGARY, AB, Sept. 4, 2025 /CNW Telbec/ – Strathcona Resources Ltd. (“Strathcona“) confirmed that it has purchased 6,035,600 common shares (“MEG Shares“) of MEG Energy Corp. (“MEG“) today for aggregate consideration of approximately $172.7 million, in accordance with applicable securities laws. The average price paid for all MEG Shares purchased by Strathcona since the commencement of the Offer (as …

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Brokerages Cheer Cenovus’ C$7.9 Billion Deal for MEG Energy

CDN and International News, Energy Topics & Technology, Latest, Mergers and Acquisitions / By

(Reuters) – Brokerages welcome Cenovus Energy’s C$7.9 billion ($5.72 billion) cash-and-stock deal to acquire peer MEG Energy Gerdes Energy Research raises PT on CVE by C$2 to C$32, a premium of 51.2% to stock’s closing price on Friday The deal will give “an approximate 6% improvement in oil sands capital intensity,” Gerdes said Brokerage Desjardins …

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CANADIAN MEGA DEAL – Cenovus Signs Cash-and-Stock Deal to Buy MEG Energy

CDN and International News, Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Mergers and Acquisitions, Oil / By

CALGARY – Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at CDN $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in June that the company urged shareholders to reject. MEG chairman James McFarland says the Cenovus deal …

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Chevron to Merge Hess Exploration Team With Its Own, CEO Says

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

By Kevin Crowley and David Westin Chevron Corp. plans to merge Hess Corp.’s exploration team with its own to challenge “conventional thinking” and make new discoveries, Chief Executive Officer Mike Wirth in an interview on Bloomberg TV’s Wall Street Week. Chevron is cutting about 650 Hess jobs after completing its $53 billion takeover last month, …

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US Oil and Gas M&A Activity Tripled Last Year, Report Says

Energy Topics & Technology, Latest, Mergers and Acquisitions, US News / By

(Reuters) – Mergers and acquisitions in the U.S. oil and gas sector tripled last year despite softer commodity prices as energy companies boosted spending to improve efficiency and profits, according to a report released on Tuesday. WHY IT’S IMPORTANT The jump in dealmaking marks a shift in strategy after years of focusing on shareholder returns …

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Stone Ridge Buys Oklahoma Assets From ConocoPhillips

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, US News / By

Acquisition Brings Stone Ridge Energy’s Portfolio to Over 11 GW of Power NEW YORK–(BUSINESS WIRE)–Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge Energy (“SRE”), entered into a definitive agreement to acquire a major portfolio of Oklahoma energy …

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ConocoPhillips to Sell Anadarko Assets for $1.3 Bln; Profit Beats Estimates

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil, US News / By

(Reuters) – ConocoPhillips  will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit. Shares of the company rose nearly 2% in premarket trade. The asset sale, expected to close at the beginning of the fourth quarter, pushes ConocoPhillips past its $2 billion non-core …

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High-Grade US Firms Finance New M&A With More Equity and Cash, Less Debt

Conventional Energy, Energy Topics & Technology, Latest, LNG, Mergers and Acquisitions, Natural Gas, Oil / By

Top-rated U.S. companies have financed their acquisitions mostly with equity and cash instead of debt this year, and could continue doing so even as M&A activity and hopes of interest rate cuts rise, bankers and investors said. High debt costs and worries of credit-rating downgrades for taking on debt made funding acquisitions with cash and …

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Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2

Energy Topics & Technology, Latest, Mergers and Acquisitions, Press Releases, US News / By

HOUSTON, July 31, 2025 /PRNewswire/ — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will …

Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2 Read More »

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