Kimmeridge – Oil & Gas 360

Kimmeridge to nominate Scott Sheffield to Coterra Energy board, WSJ reports

January 22, 2026

(BOE Report) – Investment firm Kimmeridge plans to nominate former Pioneer Natural Resources CEO Scott Sheffield to Coterra Energy’s board, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Kimmeridge has said Coterra’s board must reassess its leadership structure and appoint an independent, non-executive chair, the report said, adding that it expects to nominate four

US investor group Kimmeridge offers $6 billion for gas driller Ascent Resources, FT reports

December 16, 2025

(BOE Report)– Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the Financial Times reported on Tuesday. The bid is the latest challenge to Ascent’s private equity backer Energy & Minerals Group’s (EMG) efforts to sell a more than 30% stake in the company from one of its funds to another, valuing Ascent

Activist investor Kimmeridge takes stake in US energy producer Devon

November 14, 2025

(Investing) – NEW YORK -Activist investment firm Kimmeridge Energy Management has taken a stake in U.S. shale producer Devon Energy, according to a stock market filing released on Friday. THE DETAILS Kimmeridge owned 5.66 million shares in Devon as of the end of September, the filing said. That would equate to an approximately 0.9% stake in Devon, according to Reuters calculations, and make

Kimmeridge takes control of Commonwealth LNG with former bp executive at the helm

June 26, 2024

World Oil (Bloomberg) – Energy-focused private equity firm Kimmeridge is taking a majority ownership stake in the proposed Commonwealth LNG project and naming a former bp Plc executive to lead the venture, marking a major bet on the future of natural gas. Kimmeridge is buying out Commonwealth LNG founder Paul Varello’s share in the company as he retires and boosting

Kimmeridge releases presentation outlining the urgent need for board change at SilverBow

April 29, 2024

Oil and Gas 360 NEWS PROVIDED BY Kimmeridge Apr 29, 2024, 06:00 ET Details SilverBow’s track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives to capitalize on its limited window of opportunity to create significant long-term shareholder value Urges shareholders to vote “FOR” all

SilverBow Resources sends letter to shareholders highlighting path forward for value creation

April 22, 2024

Oil and Gas 360 04/22/2024 SilverBow Resources Provides Company Perspective on Kimmeridge’s Significant Overvaluation of KTG and Massively Dilutive Proposal Believes Kimmeridge Efforts to Gain Control Through Proxy Fight Is Another Path to Forcing a Value Destructive Combination With KTG to “Bail Out” Kimmeridge Sends Letter Urging Shareholders Vote “FOR” ALL of SilverBow’s Highly Qualified Directors on the WHITE Proxy

Kimmeridge provides additional information on KTG’s high quality asset base

April 11, 2024

Oil and Gas 360 NEWS PROVIDED BY Kimmeridge Apr 11, 2024, 07:30 ET Remains hopeful that SilverBow’s Board will reverse course and start engaging in a constructive dialogue Requests Board’s view of relative value by April 15 – Board previously stated it was ‘open to exploring transactions at appropriate valuations’ so it should have information on hand NEW YORK and DENVER, April 11, 2024 /PRNewswire/ — Kimmeridge, an

EXCLUSIVE Kimmeridge builds stake in California Resources, in talks for changes

August 15, 2022

Investing Kimmeridge Energy Management Co LLC on Monday confirmed it has amassed a stake in California Resources (NYSE:CRC) Corp and is engaging with the oil and gas producer to make changes that include selling some acreage to real estate developers. Sources familiar with the matter had earlier told Reuters the energy-focused activist investment firm owns more than 3 million shares

Megan Hays joins Kimmeridge as firm drives change in public E&P sector

November 1, 2021

Yahoo Finance NEW YORK and DENVER, Nov. 1, 2021 /PRNewswire/ –Kimmeridge Energy Management Company, LLC (“Kimmeridge” or the “Firm”), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today announced that Megan Hays has joined the firm as a managing director on its public investment team. With the launch of its dedicated public strategy in 2020, Kimmeridge has been

Kimmeridge Energy Joins Forces with Desert Royalty

July 18, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Newly-formed Desert Peak Minerals to be largest pure-play mineral royalty company in Delaware Basin Kimmeridge Energy Management Company, a private equity firm focused on acquiring unconventional oil and gas assets, has entered into a definitive agreement with Desert Royalty Company to combine the two companies’ assets to form Desert Peak Minerals.

U.S. Oil Output Gains Will Outpace Global Demand Growth: Goldman - Oil & Gas 360

All Three PDC Energy Incumbents Win Board Seats

May 29, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Kimmeridge’s candidates defeated, ending months-long battle PDC Energy, Inc., following its 2019 annual meeting of stockholders, announced today that CEO Barton Brookman, and directors Mark Ellis and Larry Mazza, all incumbent board members, have been re-elected based on a preliminary count of the vote. All three challengers, members of the

Activist Takes Aim at Shale-Company CEO’s Pay

March 7, 2019

From The Wall Street Journal A shareholder activist will challenge PDC Energy Inc. in an effort to change the way the oil producer pays its executives, part of a broader push by investors to force U.S. energy producers to focus more on profitability than growth. Kimmeridge Energy Management Co., which last month disclosed a 5.1% stake in PDC, said it is putting forth

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