Farmers often pray for rain. These days at least some who farm the oil and gas patch are praying for M&A — mergers and acquisitions, that is — the thunderclouds from which oil and gas properties fall.
Mergers
Articles from Mergers
In Today’s A&D Market the Smaller Fry Are the Sellers
Farmers often pray for rain. These days at least some who farm the oil and gas patch are praying for M&A — mergers and acquisitions, that is — the thunderclouds from which oil and gas properties fall.
Senate Judiciary Chairman Eyes Toughening of Standards for Oil, Gas Mergers
Senate Judiciary Committee Chairman Arlen Specter (R-PA) is considering introducing legislation that could make it more difficult for mergers in the oil and natural gas industry to be consummated.
Gas, Electric M&A Activity Continues to Rise, PWC Report Says
Following a record-setting year in 2005, global mergers and acquisition (M&A) activity for natural gas and electricity utilities is expected to rise even further this year, according to a report by PricewaterhouseCoopers (PWC), “Power Deals,” which charts M&A activity, noting that the era of the “super-regional utilities” has begun, particularly in Europe.
Execution, Evolving Strategies Keys to E&P Success — Herold Study
Exploration and production (E&P) companies take different routes in their drive to add value, and their road maps may follow mergers and acquisitions, organic growth, diversification or a simple focus on one region. However, what sets the winners apart is how well they execute their strategies and how quickly they evolve when times change, a John S. Herold equity analyst said Thursday.
S&P: Upward Credit Rating Momentum Expected to Slow in E&P Sector
While the pace of exploration and production (E&P) company mergers and acquisitions (M&A) is expected to remain brisk in 2006, the recent upward credit rating momentum in the sector has been dampened by uses of excess cash flow to buy back stock and pay premium prices for assets and by liberal use of debt leverage to fund M&A, Standard and Poor’s Ratings Service (S&P) said in a new “Industry Report Card: U.S. Oil and Gas.”
Pace of E&P Acquisitions, Upstream Investment Expected to Pick Up — Herold Study
With so much money on the table and no other logical outcome, the pace of mergers and acquisitions among oil and natural gas companies will pick up again this year, and capital investment in the upstream sector will grow by at least 25%, according to a new report by energy research firm John S. Herold Inc.
Standard & Poor’s Sees ‘Active’ Year for E&P Mergers
This year is shaping up as another “active” year for mergers and acquisitions (M&A) in the oil and natural gas industry, according to a new report by Standard & Poor’s (S&P). Many large independent and integrated producers face stagnant reserve replacement or falling reserves, and M&A has been a “safer path to bolstering the reserve base and production profile than the drillbit.”
Standard & Poor’s Sees ‘Active’ Year for E&P Mergers
This year is shaping up as another “active” year for mergers and acquisitions (M&A) in the oil and natural gas industry, according to a new report by Standard & Poor’s (S&P). Many large independent and integrated producers face stagnant reserve replacement or falling reserves, and M&A has been a “safer path to bolstering the reserve base and production profile than the drillbit.”
Raymond James: M&A Activity Bodes Well for U.S. Drilling Activity
The recently announced mergers and acquisitions of smaller, growth-oriented independents by large exploration and production (E&P) companies bodes “very well” for U.S. drilling activity over the intermediate term, especially in the Rocky Mountains and the Permian Basin, according to Raymond James analysts.