Tuesday, February 10, 2026

Chazen’s Magnolia Announces Q2 Production

Guidance raised on outperformance Magnolia Oil & Gas (ticker: MGY) announced its first quarterly results since its acquisition of assets from EnerVest, giving an initial view into Steve Chazen’s new company. Magnolia was formed from TGP Pace Energy Holding’s $2.66 billion acquisition of EnerVest’s Eagle Ford assets earlier this year. The transaction closed at the end of July, giving Magnolia

Diamondback – Energen to Combine in Second Largest Permian Deal Ever

$9.2 billion transaction close second to $9.5 billion CXO-RSPP deal Diamondback Energy (ticker: FANG) continued the recent trend of consolidation in the Permian with the acquisition of Energen (ticker: EGN). This $9.2 billion all-stock deal adds to an active year for large M&A transactions. This deal is the second-largest Permian transaction ever, falling just short of Concho’s (ticker: CXO) $9.5

anadarko-600w Chevron, Anadarko Megadeal Portends Billions in Asset Divestment - Oil & Gas 360

Anadarko Names EVP, General Counsel

The directors of Anadarko Petroleum Corporation (NYSE: APC) have named Amanda M. McMillian EVP and General Counsel, effective immediately. Robert K. Reeves, Anadarko’s EVP, Law and Chief Administrative Officer, will remain EVP, CAO until his retirement at the end of 2018. McMillian joins Danny Brown, Executive Vice President, U.S. Onshore Operations; Bob Gwin, Executive Vice President, Finance and Chief Financial Officer;

Truckers Asleep at the Wheel as Diesel Price Shock Creeps Closer

From Bloomberg Every time Chuck Paar makes the over 500-mile round trip from his home in Mt. Jewett, Pennsylvania, to Buffalo and Syracuse, New York, his 18-wheel tractor trailer carries 25 tons of sand or cement and burns about $265 of diesel in one day. That’s up from as little as $166 for the same route two years ago, and