Current ROAN Stock Info

Citigroup and Jefferies enlisted to help determine strategy as to M&A, partnership options
By Tyler Losier

Roan Resources (stock ticker: ROAN), an independent oil and natural gas company based out of Oklahoma City, is enlisting the help of Citigroup Global Markets Inc. and Jefferies LLC to help explore strategic alternatives.

Source: Roan Resources

Over the last couple of months, Roan has reportedly received numerous unsolicited offers for outright purchase of the company, in addition to several inquiries for consolidation and partnership.

As a result, in late April, Roan formed a transactional committee comprised of legal and financial advisors to evaluate the various options on the table, with the goal of finding the most...


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