Mergers, Acquisitions & Divestitures – Page 3

SM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUE

November 3, 2025

(Oil & Gas 360) Value-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and enhanced stockholder value Pro forma second quarter of 2025 production totaled 526 MBoe/d Pro forma full-year 2025 consensus free cash flow of more than $1.4 billion Step-change in free cash flow supports sustained return of capital Value-Driven Synergies Proven management

Analysts eye big oil’s spending and acquisition plans

October 31, 2025

(Oil Price) – Big Oil is reporting third-quarter results this week and next. No surprises are expected—Big Oil has been having an eventful year featuring tariffs, sanctions, and glut predictions—and these events will be reflected in financial reports. Yet analysts are already looking ahead to 2036 and what Big Oil plans to do next. So far, two big oil companies have

Chevron beats estimates as Hess acquisition drives oil production growth

October 31, 2025

(World Oil)– Chevron Corporation reported record oil and gas production in the third quarter of 2025, driven by the integration of Hess Corporation assets and strong performance from core upstream regions including the Permian basin, Gulf of America, Kazakhstan, and Guyana. The company’s global production rose 21% year-over-year to 4.1 million boe per day, its highest on record. The acquisition

Amplify Energy Announces Divestiture of East Texas Assets

October 29, 2025

(Oil and Gas 360) – HOUSTON, Oct. 29, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced a series of transactions that will result in a complete exit from its interests in East Texas, for a total anticipated combined consideration of $127.5 million: Haynesville Monetization Transaction: Amplify has sold its remaining interest in

BKV Announces Acquisition of Control Position in BKV-BPP Power Joint Venture to Accelerate Growth Strategy

October 29, 2025

(Oil and Gas 360) – DENVER–(BUSINESS WIRE)– BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) and Banpu Power US Corporation (“BPPUS”) today announced that they have entered into a definitive purchase agreement (the “Purchase Agreement”) pursuant to which BKV will acquire from BPPUS one-half of BPPUS’ interest in BKV-BPP Power, LLC (“BKV-BPP Power” or the “Power JV”) such that at the

Kiwetinohk Announces a Cash Sale for $24.75 Per Share under Arrangement Agreement with Cygnet Energy Ltd.

October 28, 2025

(Oil and Gas 360)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) (“Kiwetinohk” or the “Company”) and Cygnet Energy Ltd. (“Cygnet” or the “Purchaser”), a private exploration and production company backed by respective investment funds managed by NGP Energy Capital Management (“NGP”), ARC Financial Corp. (“ARC Financial”), and global investment firm Carlyle (“Carlyle” NASDAQ: CG), announce that they have entered into an arrangement agreement (the

Upstream oil and gas dealmaking down in third quarter as oil prices stayed low

October 22, 2025

(Investing) – HOUSTON-Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the third quarter, analytics firm Enverus said on Wednesday. Dealmaking fell for the third straight quarter as U.S. crude futures averaged around $65 a barrel during the July through September period, around the level producers say they need to profitably drill.

Cenovus Energy acquires additonal shares in MEG Energy

October 16, 2025

(BOE Report)– Cenovus Energy bought more shares in MEG Energy, raising its stakes to 9.8% in the Canadian oil sand company. This follows Cenovus’s Tuesday purchase of 21.7 million shares, strengthening its position to acquire one of Canada’s last large pure-play oil sands companies ahead of the October 22 shareholder vote. Earlier this month, Cenovus increased its bid by C$2.35

Energy Advisors: 3Q A&D, Deal Flow Up, Deal Value Down

October 13, 2025

(Oil and Gas 360) – Energy Advisors released its 3Q A&D Special Report as a continuation of our thought leadership efforts. According to Brian Lidsky, Director of Energy Advisors, “following a volatile 2Q for oil & gas prices, 3Q stabilized with spot oil up 2% to $65.78 and spot gas dipping 2% to $3.03. P/E selling slowed to just 15% of deal value,

Baytex mulls $3 billion Eagle Ford sale to refocus on Canadian operations

October 9, 2025

(World Oil) – Baytex Energy Corp., a Canada-based oil and gas producer, is weighing an exit of its operations in the Eagle Ford shale of south Texas to refocus on its domestic assets, according to people familiar with the matter. Baytex, which significantly extended its reach into the basin just two years ago via a takeover of Ranger Oil, is working

Cenovus sweetens takeover offer to C$8.6 billion for MEG Energy

October 8, 2025

(BOE Report)– Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of the proposed deal to C$29.80 per share, in an attempt to match a rival bid from Strathcona Resources. The revised terms valued MEG at about C$8.6 billion ($6.16 billion), including debt, the company said, adding that it is Cenovus’ “best and final” offer. Last month, MEG

Energy Advisors Market Monitor Series: What’s Driving A&D?

October 6, 2025

(Oil and Gas 360) – Energy Advisors recently released its latest edition of its MarketMonitor series, Letter From Dallas, highlighting key themes driving A&D. Market conditions remain favorable to sellers with strong buyer demand from private equity firms, family offices, institutional investors, hedge funds, and well-capitalized public companies. Valuation for producing (PDP) assets is strong, while competition across the minerals

Premium Content