Activist Investor

Articles from Activist Investor

Ovintiv to ‘Carefully Review’ Investor’s Board Nominees

Private investor Kimmeridge Energy Management Co., which owns a 2.5% stake in Ovintiv Inc., has nominated three people to stand for board election as Kimmeridge looks to upend oversight of the Denver-based independent. Earlier this month Kimmeridge warned Ovintiv that the exploration and production (E&P) company needed to improve performance or face a reckoning. “Given…

January 28, 2021

E&P

U.S. E&P Sector Slammed for Excessive Executive Compensation, Lack of Oversight

Upstream investor Kimmeridge Energy Management Co. LLC has the U.S. exploration sector in its sights and is calling out the industry for its “lack of alignment” between the executive management teams and their shareholders. The New York City-based private equity (PE) firm said in a white paper that executive compensation for the exploration and production…

November 19, 2020

E&P

Activist Investor Pushing PDC to Generate More Value

PDC Energy Inc. is the latest U.S. exploration and production (E&P) company to come under attack by an activist investor, after Kimmeridge Energy Management Co. LLC announced last week that it has acquired more than 5% of the stock and wants it to generate more value for shareholders.

February 25, 2019