Kinder deal gives Copano investors long-awaited payout
The acquisition price tag is a 23.5 percent premium to Copano’s closing price Tuesday. Copano shares jumped $4.96, or almost 15 percent, to $38.09 in late morning. More »
Energy industry fueled by strong M&A activity
The oil and gas sector announced an average of four deals each day in 2012, according to a report released Thursday. Oilfield services was the fastest-growing segment. More »
Big Oil sold big assets in 2012
Major oil companies sold off more assets than they bought in 2012, reducing their inventories by a net $56 billion, a report said Thursday. More »
Economic concerns dampen energy growth plans
Just 36 percent of surveyed oil and gas executives had a positive outlook for corporate earnings, down from the 52 percent just six months ago, according to a global industry report. More »
Oil industry asset deals surge in third quarter
Asset deal value in the energy sector more than doubled in the third quarter, as companies jostled for oil and liquids-rich acres, according to a PwC report. More »
TPC Group chemical company enters $850 million sale agreement
Houston petrochemical company TPC Group has entered a deal to sell ownership to private equity firms First Reserve Corp. and SK Capital Partners in a deal valued at $850 million in cash and net debt. More »
Financial woes fuel busy year for refining deals
The value of mergers, acquisitions and other deals involving refining assets surged 50 percent to $6 billion in 2011, fueled by industry’s financial troubles, according to an IHS Herold report. More »
Range takeover rumors are just that… so far
Range Resources saw its stock get a work out this week on rumors the independent E&P was a takeover target. So far the rumors aren’t panning out. More »
Shale and foreign investors lead growth in high-priced deals
The total number of mergers and acquisitions fell in the oil and gas industry during the second quarter. But interest in shale contributed to a 14 percent increase in the average price of those deals. More »
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