Matador Consolidates Midstream Subsidiary, JV in $600MM Deal

Matador is merging its Delaware Basin Pronto Midstream subsidiary with its San Mateo Midstream joint venture with Five Point Energy to showcase assets an analytical firm called "underappreciated."

Q&A: Exxon Mobil Pioneers the Permian and Guyana

Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.

Firms Take Fight Against $132MM Martin Midstream Merger

Nut Tree Capital Management and Caspian Capital accused Martin Resource Management of proposing an insider deal that undervalues the cost of Martin Midstream’s shares.

ONEOK Announces $4.3B Deal to Acquire Remaining EnLink Stock

ONEOK’s deal to acquire the remaining stake in EnLink is expected to close in the first quarter of 2025.

ConocoPhillips Completes $22.5B Acquisition of Marathon

ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.

Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves

Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.

PHX Insists Shareholders Reject WhiteHawk’s Latest Offer

PHX Minerals’ board maintained its stance on Nov. 14 that WhiteHawk’s latest offer was not in the best interest of its stockholders.

Range Resources Counters M&A Peer Pressure with Drilling Efficiencies

Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.

Roth-Backed SPAC To Take Public Permian Gas, Helium Producer

A blank-check company backed by Roth Capital Partners and Craig-Hallum Capital Group aims to combine with Permian gas and helium producer New Era Helium.

WhiteHawk Badgers Response from PHX on Acquisition Offer

WhiteHawk Energy’s move follows months of unsuccessful attempts to engage PHX Mineral's leadership, including a previous stock-for-stock merger proposal in August 2023.