Some analysts are saying that A&D could see better days in the second half of this year. Large companies will be looking to enhance their footprint in U.S. shales, industry watchers say. This video is sponsored by Energy Spectrum Advisors.
Sources:
Shale’s Magnificent Seven May See Majors Gunning For Deals
Razing Funds? Goodrich Sells Eagle Ford Acreage, Forfeits Oil Production
Miller Energy’s Trek Into Alaska’s White Turns Ledger Red
Of Oil And Entropy: Midland Basin Powerhouses Hunt Deals, Stability
Recommended Reading
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
CEO: Coterra ‘Deeply Curious’ on M&A Amid E&P Consolidation Wave
2024-02-26 - Coterra Energy has yet to get in on the large-scale M&A wave sweeping across the Lower 48—but CEO Tom Jorden said Coterra is keeping an eye on acquisition opportunities.
Hess Corp. Boosts Bakken Output, Drilling Ahead of Chevron Merger
2024-01-31 - Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.