Energy Recent Midstream Deals Buoy PE Hopes for 2024Several years of operating their energy portcos have PE sitting on quality assets. Will exits finally arrive now? January 5, 2024
Energy Oil & Gas Consolidation is Far From DoneBoth the recent Exxon and Chevron deals indicate a shift to corporate-level M&A in the sector. October 31, 2023
Energy Chevron-Hess Deal Leaves Midstream Firm’s Future in QuestionChevron has said it would target divestments of about $10-$15 billion, but hasn’t said what could be included. October 25, 2023
Energy Exxon Buys Pioneer for $60B to Dominate Shale OilThe combined company will control the equivalent of 16 billion barrels of crude reserves in the Permian region, according to the statement. October 11, 2023
Industrials ONEOK Purchases Magellan Midstream PartnersMagellan Midstream Partners is a publicly traded partnership that primarily transports, stores and distributes petroleum products and crude oil. September 25, 2023
Infrastructure Pipeline Company Energy Transfer Buys Crestwood in $7.1B DealThe U.S. energy sector has seen dealmaking heat up after booming profits in recent years left producers flush with cash. August 16, 2023
Industrials Chevron CEO Mike Wirth Open to More DealsChevron plans to increase its capital spending by $1 billion per year. May 23, 2023
Industrials Chevron Buys PDC EnergyThe acquisition of PDC provides Chevron with assets that the company expects to deliver higher returns in lower carbon intensity basins in the U.S. May 22, 2023