APA Corporation Completes Acquisition of Callon Petroleum Company
APA Corporation announced that its acquisition of Callon Petroleum Company has been completed. Subject to the terms of the merger agreement, each share of Callon common stock was converted into the right to receive 1.0425 shares of APA common stock, with cash in lieu of fractional shares. Acquisition ● Oil & Gas ● North America SLB Announces […]
EQT Corporation and Equitrans Midstream Corporation Merger Announcement
EQT Announces Transformative Acquisition of Equitrans MidstreamEQT Corporation and Equitrans Midstream Corporation announced that they have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion. Additional News BASIC MATERIALSArcelorMittal Acquires Strategic Stake in Vallourec BUSINESS SERVICESBain & Company Acquires PiperLab CONSTRUCTIONArcosa Announces Agreement […]
Sunoco to Acquire NuStar Energy
Sunoco LP (an Energy Transfer Company) and NuStar Energy L.P. announced that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Acquisition ● Oil & Gas ● North America Additional News AUTO & TRUCKSStellantis to Enhance Personalized Mobility Experience with Acquisition […]
This Signals a Major Shift for the Oil Industry
There was press coverage this week of an announcement by Royal Dutch Shell indicating they were undertaking major cost reductions and plans to reconstruct their business and prepare to focus more on renewable energy. We believe this has the markings of something bigger than just another large public company announcing a restructuring. A company with […]
Gas & Oil Companies in The Global 5000
It was just announced that Chevron will be acquiring Anadarko Petroleum. Chevron recently posted revenue of $158 billion while Anadarko’s was $13 billion. No sooner had the release been posted when we started to read headlines and opinions questioning whether this might the start of a wave of merger activity in the Oil & Gas […]
Top 100 Oil Companies
Throughout The Global 5000 database, there are a couple of key demographic attributes we track and use to further our research and use to research new companies. Those are major industry sector and country where the firm is headquartered. Another use of these data elements is to continually look to understand which sectors are growing […]
Big Oil and Growth Rates
****** AN UPDATED ARTICLE ON THE OIL & GAS SEGMENT IS POSTED HERE ************** There is a lot of discussion currently about the price of oil continuing to drop and staying low for a while. To get a sense of market and key players, we decided to look at the revenue trend line over […]
Exxon, Chemicals and the Oil Companies
This past week, Exxon received a great deal of press about their petrochemical business and the contribution it is making to their bottom line. With the plastics and chemical products derived from petroleum products, these industry segments are tightly linked and many oil companies have petrochemical divisions. In large part, plastics is part of the […]