National Energy M&A Activity

[PhiAlpha]

Given how much Energy M&A activity seems to be picking up, I figured it would be worth making a thread for deals involving out of state companies.

The latest announced today is one I definitely have on the Bingo card:

Chevron to buy Hess Corp for $53 billion in latest oil mega-merger

https://finance.yahoo.com/news/chevr...i1mO4gmRVDucFo

[gopokes88]

Devon is going to make an acquisition sooner or later.

CLR probably stays put.

Gulfport gets bought or merged with Ascent.

CHK likely completes the rumored SWN deal.

Diamondback and EOG are likely purchasing someone (both maintain OKC offices).

Sandridge and Riley are somewhat irrelevant.

[April in the Plaza]

Devon is going to make an acquisition sooner or later.

CLR probably stays put.

Gulfport gets bought or merged with Ascent.

CHK likely completes the rumored SWN deal.

Diamondback and EOG are likely purchasing someone (both maintain OKC offices).

Sandridge and Riley are somewhat irrelevant.

What about the Ovintiv?

[gopokes88]

What about the Ovintiv?

No idea, don't interact with them too much. They're a weird one. Recently way overpaid for some Permian acreage so they're stretched thin on acquiring, but they don't have A+ assets. Not sure anyone is really beating their door down to buy them.

[Plutonic Panda]

Given how much Energy M&A activity seems to be picking up, I figured it would be worth making a thread for deals involving out of state companies.

The latest announced today is one I definitely have on the Bingo card:

Chevron to buy Hess Corp for $53 billion in latest oil mega-merger

https://finance.yahoo.com/news/chevr...i1mO4gmRVDucFo

Was that the company Devon was rumored to buy?

[chssooner]

Was that the company Devon was rumored to buy?

No. That's Marathon Oil.

[Plutonic Panda]

No. That's Marathon Oil.

Got it thanks for the reply.

[chssooner]

Got it thanks for the reply.

No worries. There is so much activity, it can easily get crossed up. Lol

[PhiAlpha]

No idea, don't interact with them too much. They're a weird one. Recently way overpaid for some Permian acreage so they're stretched thin on acquiring, but they don't have A+ assets. Not sure anyone is really beating their door down to buy them.

Canadians....