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Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

Benzinga

("Endeavor"), today announced that they have entered into a definitive merger agreement under which Diamondback and Endeavor will merge in a transaction valued at approximately $26 billion, inclusive of Endeavor's net debt. per share quarterly), effective for the fourth quarter of 2023. per share annually ($0.90 MBO/d (462.6

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Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Weekly Valuation – Valutico | 1 March 2023 Link to valuation About BP BP, a multinational oil and gas company, headquartered in London, is one of the largest oil and gas producers in the world. Compared with last year’s net income of GBP 10.3 (USD billion in net debt, reducing total debt to GBP 17.5 (USD

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Franchise Group, Inc. Announces Definitive Agreement to Be Acquired by a Consortium Led by Management Group

Benzinga

Premium Over the Unaffected Stock Price Prior to Announcement on March 20, 2023 of Receipt of Unsolicited Third Party Proposal Transaction Includes a 30 day Go Shop Provision to Solicit Superior Proposals DELAWARE, Ohio, May 10, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. Franchise Group Common Stockholders to Receive $30.00

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Centennial Resource Development and Colgate Energy to Combine, Creating $7.0 Billion Permian Basin Pure-Play

Benzinga

Positioned to significantly increase cash returns to shareholders, with over $1 billion of expected free cash flow 1 in 2023 at current strip prices. Highly accretive to key financial metrics, including cash flow, free cash flow and net asset value per share. billion of Colgate's outstanding net debt.

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Gibson Energy Expands Liquids Infrastructure Platform with Acquisition of Texas Gulf Coast Crude Oil Export Facility for US$1.1 Billion, Announces Concurrent $350 Million Subscription Receipt Bought Deal Offering

Benzinga

crude oil export terminal by capacity and accounted for approximately 12% of the United States' total crude oil exports in 2023 year-to-date 7. The Terminal achieved record volumes of over 670,000 bbl/d of oil in March 2023. billion in cash (the "Transaction"), subject to closing adjustments.

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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

Even when you are successful in dissuading these companies from "bad" investments, but may not be able to stop them from returning the cash to shareholders as dividends and buybacks, rather than making "good" investments. in the 2011-2023 time period. trillion of cumulated enterprise value at fossil fuel companies.

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RPT Realty Reports Third Quarter 2022 Results; Raises Full Year 2022 Outlook

Benzinga

Including the Company's pro-rata share of joint venture cash and debt of $4.5 million, respectively, results in a third quarter 2022 net debt to annualized adjusted EBITDA ratio of 7.0x. million of undrawn forward equity, the net debt to annualized adjusted EBITDA ratio would be 6.0x. million and $53.7