Tag: mergers

Utility deals heating up with gas glut

Near-zero interest rates and low power prices caused by a glut in natural gas are increasing the appeal of regulated utility assets, which offer stable cash flow and returns.  More »

Eagle Ford led energy deals in 2013, despite national decline

The Eagle Ford Shale was home to $8.8 billion in upstream oil and gas deals in 2013, the largest value in the country, according to a new PLS report.  More »

Foreign, private buyers scoop up orphan assets to drive deals

Foreign buyers and private equity players made elbow room at the deal table again in the third quarter after a lull in oil and gas divestitures in the summer, according to a report Thursday by PricewaterhouseCoopers.  More »

Crestwood buys in to midstream demand

Houston-based Crestwood Midstream Partners has been expanding its assets through acquisitions to capitalize on new demand for moving oil and gas and CEO Robert Phillips says he’s ready to tap the market again.  More »

Oil patch activism to spur dealmaking and board shakeups

Activist investors may spur a return to dealmaking in the energy industry as shareholders seek to reap greater value from oil and natural gas reserves.  More »

Contango Oil & Gas and Crimson Exploration agree to merger

The two Houston-based independents say the deal is worth $390 million.  More »

After big fourth quarter, energy deals decline

Energy industry mergers valued at more than $50 million dropped in the first three months of the year compared to the frenzied fourth quarter, but rose over the first quarter of 2012.  More »

Survey: Energy execs cautious about acquisitions

Just 31 percent of surveyed oil and gas executives expect to pursue acquisitions over the next 12 months, down from 48 percent in October, according to an Ernst & Young report.  More »

Valero’s stock not showing signs a bid is imminent

Valero’s shares were up in a rising market, but should have jumped more if Reliance Industries of India is set to make a bid for the company, one expert said.  More »

Halliburton to buy Multi-Chem

Halliburton Co. said today it plans to buy a private oil field services company that specializes in oil field production and completion chemicals.  More »