QEP Resources Inc. has completed its tax-free spin-off from Questar Corp., a transaction that was launched earlier this year (see Daily GPI, May 19). All of QEP Resources’ common stock was distributed through a pro rata dividend to Questar shareholders. Each Questar shareholder received one share of QEP Resources common stock for each share of Questar common stock (including fractional shares) held on the record date, June 18. Shares of QEP Resources are trading on the New York Stock Exchange under the “QEP” symbol.
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ExxonMobil Completes XTO Tie-Up
ExxonMobil Corp. on Friday completed its $43 billion agreement to buy domestic shale king XTO Energy Inc. and said it is using the transaction to create an organization focused on global development and production of unconventional resources.
June 28, 2010
ExxonMobil Completes XTO Tie-Up
ExxonMobil Corp. on Friday completed its $43 billion agreement to buy domestic shale king XTO Energy Inc. and said it is using the transaction to create an organization focused on global development and production of unconventional resources.
June 28, 2010
EXCO Builds East Texas Stake
Southwestern Energy Co. on Wednesday agreed to sell EXCO Resources Inc. a piece of its East Texas oil and natural gas portfolio for close $355 million.
June 17, 2010
Halliburton to Buy Boots & Coots
Halliburton Co. late Friday agreed to buy pressure control services provider Boots & Coots in a cash-and-stock transaction worth an estimated $240.4 million.
April 13, 2010
Halliburton to Buy Boots & Coots
Halliburton Co. late Friday agreed to buy pressure control services provider Boots & Coots in a cash-and-stock transaction worth an estimated $240.4 million.
April 13, 2010
Upstream M&A Surge in Late 2009 Seen on Course to Continue
Upstream mergers and acquisitions (M&A) staged a strong recovery by the end of 2009 and a “healthy” transaction level is on course to continue through 2010, according to a new review by energy consultant Wood Mackenzie.
February 22, 2010
Upstream M&A Surge in Late 2009 Seen on Course to Continue
Upstream mergers and acquisitions (M&A) staged a strong recovery by the end of 2009 and a “healthy” transaction level is on course to continue through 2010, according to a new review by energy consultant Wood Mackenzie.
February 22, 2010
Upstream M&A Surge in Late 2009 Seen on Course to Continue
Upstream mergers and acquisitions (M&A) staged a strong recovery by the end of 2009 and a “healthy” transaction level is on course to continue through 2010, according to a new review by energy consultant Wood Mackenzie.
February 22, 2010
Williams to Pursue ‘Value-Creating Projects,’ Says CEO
Williams Cos. Inc. and its subsidiaries combined to lift 4Q2009 profits 50% from a year earlier, and with its pipeline partnership transaction now complete, the Tulsa-based producer is looking for new exploration and midstream opportunities, CEO Steve Malcolm said Thursday.
February 22, 2010
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