Business Valuation Zone

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

Benzinga

FEBRUARY 12, 2024

12, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. NASDAQ: FANG ) ("Diamondback" or the "Company") and Endeavor Energy Resources, L.P. As result of the transaction, the Company's existing stockholders are expected to own approximately 60.5% of the combined company. MIDLAND, Texas, Feb. MBO/d (462.6

Net Debt

Net Debt Dividends Equity Marketability

HighPeak Energy, Inc. Announces Closing of Hannathon Acquisition and Increase to the Company's Borrowing Base

Benzinga

JUNE 30, 2022

FORT WORTH, Texas, June 30, 2022 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. million shares of the Company's Common Stock, net of customary purchase price adjustments, which remain subject to final post-closing settlement. Highlights. Closed the Hannathon Acquisition on June 27, 2022.

Banking

Banking Equity Finance

V&E Guides Crescent Energy On $2.1B SilverBow Buy

Law 360 M&A

MAY 16, 2024

Vinson & Elkins LLP is guiding Crescent Energy Co. on a new agreement to purchase Gibson Dunn & Crutcher LLP-led SilverBow Resources Inc. billion, the Houston-based energy companies said Thursday. in a transaction valued at $2.1

2023 CPA-Zicklin Index Shows Strong Increase in Number of Trendsetter, Top-Scoring Companies

Harvard Corporate Governance

NOVEMBER 21, 2023

It is the highest number of companies receiving Trendsetter status – over one-fifth of the S&P 500 companies evaluated – since the benchmarking study was expanded in 2015 from covering the S&P 100. There were 28 top-scoring companies then.) Alliant Energy Corp.; American Electric Power Company Inc.;

Technology

Texas Energy Biz Sells Gulf Coast Assets In $280M Deal

Law 360 M&A

MAY 13, 2024

Houston-based midstream company Eastern Energy on Monday unveiled plans to sell its Gulf Coast Liquids Pipeline System to natural gas transmission company OneOK Inc., advised by Haynes and Boone LLP, for roughly $280 million.

Use of Environmental and Social Metrics in Pay at Large U.S. Energy Companies: Trends and Observations

Harvard Corporate Governance

APRIL 12, 2023

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Wednesday, April 12, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. market were energy companies. See the Appendix for a full list of included companies. more…)

Marketability

What's Going On With WEC Energy Shares Monday?

Benzinga

APRIL 29, 2024

WEC Energy Group, Inc. NYSE: WEC ) shares are trading higher after the company inked a deal to acquire a 90% ownership interest in the Delilah I Solar Energy Center for $459 million. Delilah I.

Equity

3 Firms Build $6.2B Take-Private Sale Of Allete Energy Biz

Law 360 M&A

MAY 6, 2024

A consortium of buyers led by the Canada Pension Plan Investment Board and Global Infrastructure Partners unveiled plans Monday to buy and take private Minnesota-based energy company Allete Inc., billion deal put together by at least three firms.

C-Suite View of Volatility, War, Risks, and Growth for Global Business

Harvard Corporate Governance

JULY 26, 2022

Posted by Charles Mitchell, The Conference Board, Inc., on Tuesday, July 26, 2022 Editor's Note: Charles Mitchell is Executive Director of Knowledge Content & Quality at The Conference Board, Inc. Energy, inflation, cyber risk, and recession are immediate CEO concerns. Ray , Ataman Ozyildirim , and Dana Peterson.

Technology

Montrose Environmental Acquires GreenPath Energy To Strengthen Fugitive Emissions Solutions

Benzinga

MAY 8, 2023

Montrose Environmental Group Inc (NYSE: MEG ) has acquired GreenPath Energy Ltd , an optical gas imaging and fugitive emissions management services firm in Canada. The firm specializes in working with oil and gas companies, helping them make the transition to a cleaner energy future.

Gabon Oil Company Goes Big: Preempts $1.3B Assala Sale

Benzinga

FEBRUARY 16, 2024

Gabonese national oil company, Gabon Oil Company , stated its plan to buy The Carlyle Group Inc’s (NASDAQ: CG ) Assala Energy. The move follows the usage of the company’s right to preempt the sale of the business for $1.3 billion to the French energy company Maurel & Prom, according to Reuters.

Equity

JP 3E Holdings, Inc. Acquires 51% of Power Engineering Corporation (PEC), Eyes Major Expansion in Energy Market

Benzinga

MAY 7, 2024

May 07, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. JP3E"), previously known as Spooz, Inc. OTC: SPZI ), today announced the successful acquisition of 51% of Power Engineering Corporation (PEC) from Imperial Holdings, Inc. CLEARWATER, Fla., Through exclusive partnerships with industry leaders such as A.W.

Marketability

Marketability Technology

Copper Is A Hot Commodity: Bidding War for Anglo American May Emerge After BHP's 'Low Ball' Offer — 'Let The Games Begin'

Benzinga

APRIL 25, 2024

Australian multinational miner BHP Group 's (NYSE: BHP ) nearly $40 billion bid for rival Anglo American (OTC: NGLOY) may not be enough to acquire the company as other diversified miners will probably make rival bids amid the global scramble for copper assets. based heavyweight Freeport-McMoRan Inc. After completing a $6.4

Marketability

Will Sam Altman's AltC Acquisition Echo Trump Media's Stock Surge Post-Merger? Redditors Predict 'Rocket Fuel' Rally

Benzinga

MAY 3, 2024

The investment world is buzzing with anticipation over the upcoming acquisition of Oklo Inc. NYSE: ALCC ), a special purpose acquisition company led by ChatGPT founder and tech luminary Sam Altman. “His name on this coupled with clean energy is rocket fuel,” the Redditor added. . by AltC Acquisition Corp.

Technology

McDermott Investors' Cert. Bid Should Be Denied, Judge Says

Law 360 M&A

MARCH 1, 2024

Investors in energy industry engineering company McDermott International Inc. shouldn't be granted class certification in their suit over the company's $6 billion all-stock acquisition of Chicago Bridge & Iron Co., a federal magistrate judge has determined.

SPAC Investors Misled In $1.35B Stem Deal, Del. Suit Says

Law 360 M&A

MARCH 26, 2024

A former stockholder of a blank check company that merged with intelligent energy storage business Stem Inc. filed a proposed class action in Delaware's Court of Chancery Tuesday, alleging breaches of fiduciary duty and unjust enrichment in connection with the April 2021 merger.

Energy Co. Origis Exits Investor Suit Over Devalued Shares

Law 360 M&A

MARCH 27, 2024

Renewable energy company Origis USA Inc. has escaped a suit by former shareholders after a New York federal judge concluded that the plaintiffs failed to show that the company was privy to an alleged scheme by its now-former CEO to induce them to sell their stakes for considerably less than the $1.4

Judge To Let McDermott Investors Seek 2-Subclass Cert.

Law 360 M&A

MARCH 26, 2024

A Texas federal judge has declined to certify a proposed class of investors in energy industry engineering company McDermott International Inc., siding with a magistrate judge who recommended dismissing the class certification bid so the investors could refile and seek certification for two investor subclasses.

Clearway's Energy-Global Infrastructure Partners Ink Strategic Partnership With TotalEnergies

Benzinga

MAY 25, 2022

Clearway Energy, Inc. NYSE: CWEN ) (NYSE: CWEN-A ) and its renewable development partner and parent company, Clearway Energy Group LLC stated that Global Infrastructure Partners (GIP) had formed a strategic partnership with TotalEnergies SE (NYSE: TTE ) in the U.S. renewable energy sector.

Sustainable Energy Group - CuraScientific Statement From the New Chairman: The Company Moves Forward in the $800B Alternative Energy Industry

Benzinga

FEBRUARY 15, 2024

the "Company") (OTC: CSTF ) announces that the Company has acquired Sustainable Energy Group, Inc. and has pivoted its direction to the $800B alternative energy space. Sustainable Energy Group Inc., The company is well-positioned to lead SEG into its next phase as. SACRAMENTO, CA, Feb.

Crescent Energy Announces Accretive Eagle Ford Bolt-On; Acquires Operated Interest in Existing Non-Operated Assets

Business Wire M&A

MAY 2, 2023

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that it has entered into a definitive purchase agreement to acquire operatorship and incremental working interest in its existing Western Eagle Ford assets from Mesquite Energy, Inc.

Why Energy Holding Company PNM Resources Shares Are Sliding Today

Benzinga

JANUARY 2, 2024

Sustainable energy company Avangrid Inc (NYSE: AGR ), a member of the Iberdrola S.A. OTC: IBDRY ) (OTC: IBDSF ) Group, has terminated the merger agreement with PNM Resources, Inc (NYSE: PNM ) as all final regulatory approvals were not received by December 31, 2023.

Equity

Equity Marketability

Viking Energy Shareholder Says Merger Was For CEO's Gain

Law 360 M&A

FEBRUARY 12, 2024

The former CEO of Texas energy company Viking Energy Group Inc. was slapped with a proposed shareholder class action claiming he pursued a merger with a "financially troubled" shell company in order to provide himself with an exponentially greater claim of Viking's economic value.

Permian Power Play: Diamondback Drills Big With $26B Merger

Benzinga

FEBRUARY 12, 2024

Diamondback Energy Inc (NASDAQ: FANG ) disclosed a definitive merger deal with Endeavor Energy Resources, L.P. Diamondback Energy plans to fund the cash portion of the consideration through a combination of cash in hand, borrowings under its credit facility, and proceeds from term loans and senior notes offerings.

Net Debt

Net Debt Equity

Quantum Energy Moves to Revenue Producing Position with FlooidCX Corporation Merger

Business Wire M&A

FEBRUARY 21, 2023

PHOENIX--(BUSINESS WIRE)--Quantum Energy Inc. William Hinz, chairman of Quantum, stated: “The combined company’s goal is to change the face of energy delivery. William Hinz, chairman of Quantum, stated: “The combined company’s goal is to change the face of energy delivery. A merger was the logical next

Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

Benzinga

FEBRUARY 7, 2024

07, 2024 (GLOBE NEWSWIRE) -- Swell Energy Inc. Swell"), a leading energy management and grid solutions provider, today announced the acquisition of Renu Energy Solutions ("Renu"), a Carolina-based company that offers customized residential and commercial solar and energy storage solutions. The acquisition.

Marketability

Marketability Technology Finance

Vital Energy Closes Second Transaction to Acquire Additional Working Interests Related to Recent Permian Basin Acquisition

Benzinga

FEBRUARY 5, 2024

05, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. The purchase increases Vital Energy's working interest in 54 producing, low-decline wells by an average of 67%, increasing the Company's estimated 2024 production by approximately 1,850 BOE/d (51% oil) and estimated 2024 Free Cash Flow 2 by approximately $25 million 3.

Finance

Nio, A Big Supporter Of Battery Swapping, Buys Stake In Nuclear Fusion Startup

Benzinga

MAY 19, 2023

Chinese EV maker NIO Inc (NYSE: NIO ) has invested in a startup firm developing fusion technologies. It endorses battery swapping as a quicker solution for powering up EVs and an energy storage facility to improve grid stability.

Technology

Sunoco To Sell Over 200 Stores To 7-Eleven In $1B Deal

Law 360 M&A

JANUARY 11, 2024

Gas station company Sunoco LP announced Thursday that it is selling over 200 of its convenience stores to Akin Gump Strauss Hauer & Feld LLP-advised 7-Eleven Inc. for roughly $1 billion, while also unveiling plans to buy liquid fuel terminals in Amsterdam and Ireland from Zenith Energy.

Devon Energy: Diversifying into Geothermal

Valutico

JUNE 26, 2023

Devon Energy Corporation Weekly Valuation – Valutico | June 26, 2023 Link to the valuation About the company Devon Energy Corporation, based in Oklahoma City, is a prominent player in the energy industry known for its commitment to oil and natural gas exploration and production. billion using a WACC of 11.7%.

Discounted Cash Flow

Discounted Cash Flow EBIT Market Capitalization Dividends

Weekly Roundup: April 7-13, 2023

Harvard Corporate Governance

APRIL 14, 2023

Million Posted by Subodh Mishra, Institutional Shareholder Services, Inc., Say-On-Golden Parachute Failure Rate & CEO Golden Parachute Values in 2022 Posted by Subodh Mishra, Institutional Shareholder Services, Inc., Energy Companies: Trends and Observations Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

Corporate Finance

Corporate Finance Compliance Finance Marketability

Oil Producer Diamondback Energy Agrees Bolt On Acquisition Focused On Northern Midland Basin

Benzinga

NOVEMBER 17, 2022

Diamondback Energy Inc (NASDAQ: FANG) has agreed to acquire Lario Permian LLC , a wholly owned subsidiary of Lario Oil & Gas Company , in cash and stock. The deal consideration includes 4.18 million Diamondback shares and $850 million of cash.

Marketability

Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk Vessel

Benzinga

APRIL 26, 2024

MONACO, April 26, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. This newbuild vessel is a sister vessel to a number of newbuilds in our orderbook with advanced energy efficiency characteristics resulting to lower fuel consumption. The Company has already taken delivery of nine IMO GHG Phase 3 – NOx Tier III vessels.

Vital Energy Acquires Additional Working Interests in Recent High-Value Acquisitions in the Permian Basin

Benzinga

DECEMBER 21, 2023

21, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc. The purchase will increase Vital Energy's working interest in 45 wells by an average of 24%, increasing the Company's estimated 2024 production by approximately 1,400 BOE/d (57% oil). HH for FY-24 About Vital Energy Vital Energy, Inc.

Finance

Enbridge Buys Texas Renewable Energy Biz In $270M Deal

Law 360 M&A

SEPTEMBER 30, 2022

Canadian energy infrastructure company Enbridge Inc., guided by Eversheds Sutherland, has purchased American renewable energy company Tri Global Energy LLC for $270 million in cash and assumed debt, the company announced Thursday.

Proterra Announces Results of Chapter 11 Sale of the Proterra Transit and Energy Business Lines

Benzinga

NOVEMBER 13, 2023

Phoenix Motor, Inc. Selected as Winning Bidder to Acquire Proterra Transit CSI Selected as Winning Bidder to Acquire Proterra Energy Through Reorganization Sale Hearing Scheduled for November 28 for Bankruptcy Court to Approve Acquisitions BURLINGAME, Calif., Phoenix Motor, Inc. Full story available on Benzinga.com

Technology

Technology Marketability

VAALCO Response to Media Speculation

Benzinga

FEBRUARY 27, 2024

27, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of VAALCO Energy, Inc. For Further Information VAALCO Energy, Inc (General and Investor Enquiries) Website: +00 1 713 543 3422 www.vaalco.com Stifel, Nicolaus & Company, Inc. HOUSTON, Feb.

EXCLUSIVE: SinglePoint Buys This Full-Service EPC Firm With Projected Revenue Of $25M

Benzinga

APRIL 26, 2022

SinglePoint Inc (OTC: SING ) has acquired The Boston Solar Company LLC , a provider of comprehensive solar energy services in New England, primarily in Massachusetts, since 2011. The deal value was not disclosed. Boston Solar generated sales of $17.7

Exxon’s Acquisition of Denbury

Auto Dealer Valuation Insights

JULY 28, 2023

ExxonMobil made waves in the energy M&A markets by announcing its acquisition of Denbury, Inc. However, while Denbury is an energy company on the whole, it is made up of two main. Exxon paid somewhere between Denbury’s stock price and a slight premium depending on the timing and stock price fluctuations.

Marketability

Marketability Mergers & Acquisitions

Tilray Completes Acquisition Of 8 Beer Brands From Bud Light Parent Anheuser-Busch

Benzinga

OCTOBER 2, 2023

Cannabis company Tilray Brands, Inc. The acquired businesses include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company and HiBall Energy. throughout the year.

Marketability

Energy Co. NRG Acquires Vivint Smart Home In $5.2B Deal

Law 360 M&A

DECEMBER 6, 2022

Energy solutions company NRG Energy Inc. said Tuesday that it will acquire smart home technology giant Vivint Smart Home in a total $5.2 billion transaction steered by White & Case LLP and Simpson Thacher & Bartlett LLP.

Technology

Alternus Energy Group Plc Completes Business Combination with Clean Earth Acquisitions Corp.

Benzinga

DECEMBER 22, 2023

• Alternus Energy Group becomes majority shareholder in Alternus Clean Energy Inc. 22, 2023 (GLOBE NEWSWIRE) -- Transatlantic clean energy independent power producer ("IPP") Alternus Energy Group Plc (OSE: ALT) ("AEG") has today completed its previously announced business combination with Clean Earth Acquisitions Corp.

Equity

Equity Marketability

These Analysts Raise Their Forecasts On Earthstone Energy Following Acquisition Deal

Benzinga

JUNE 16, 2023

Earthstone Energy, Inc. NYSE: ESTE ) inked a deal to acquire Novo Oil & Gas Holdings, LLC, a privately-held Delaware Basin-focused E&P company, for $1.5 Concurrently, Northern Oil & Gas Inc (NYSE: NOG ) penned a deal with Earthstone to acquire a 33.33% undivided working stake in the Novo.

Marketability

Minim Announces Merger Agreement with e2Companies

Benzinga

MARCH 12, 2024

March 12, 2024 (GLOBE NEWSWIRE) -- Minim, Inc. Minim") (NASDAQ: MINM ) today announced that it has entered into a definitive merger agreement with privately held e2Companies, LLC ("e2Companies"), to combine the companies in an all-stock transaction. We believe that e2Companies could disrupt the energy sector by providing Grid 3.0

Technology

Technology Marketability

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

HighPeak Energy, Inc. Announces Closing of Hannathon Acquisition and Increase to the Company's Borrowing Base

Trending Sources

V&E Guides Crescent Energy On $2.1B SilverBow Buy

2023 CPA-Zicklin Index Shows Strong Increase in Number of Trendsetter, Top-Scoring Companies

Texas Energy Biz Sells Gulf Coast Assets In $280M Deal

Use of Environmental and Social Metrics in Pay at Large U.S. Energy Companies: Trends and Observations

What's Going On With WEC Energy Shares Monday?

3 Firms Build $6.2B Take-Private Sale Of Allete Energy Biz

C-Suite View of Volatility, War, Risks, and Growth for Global Business

Montrose Environmental Acquires GreenPath Energy To Strengthen Fugitive Emissions Solutions

Gabon Oil Company Goes Big: Preempts $1.3B Assala Sale

JP 3E Holdings, Inc. Acquires 51% of Power Engineering Corporation (PEC), Eyes Major Expansion in Energy Market

Copper Is A Hot Commodity: Bidding War for Anglo American May Emerge After BHP's 'Low Ball' Offer — 'Let The Games Begin'

Will Sam Altman's AltC Acquisition Echo Trump Media's Stock Surge Post-Merger? Redditors Predict 'Rocket Fuel' Rally

McDermott Investors' Cert. Bid Should Be Denied, Judge Says

SPAC Investors Misled In $1.35B Stem Deal, Del. Suit Says

Energy Co. Origis Exits Investor Suit Over Devalued Shares

Judge To Let McDermott Investors Seek 2-Subclass Cert.

Clearway's Energy-Global Infrastructure Partners Ink Strategic Partnership With TotalEnergies

Sustainable Energy Group - CuraScientific Statement From the New Chairman: The Company Moves Forward in the $800B Alternative Energy Industry

Crescent Energy Announces Accretive Eagle Ford Bolt-On; Acquires Operated Interest in Existing Non-Operated Assets

Why Energy Holding Company PNM Resources Shares Are Sliding Today

Viking Energy Shareholder Says Merger Was For CEO's Gain

Permian Power Play: Diamondback Drills Big With $26B Merger

Quantum Energy Moves to Revenue Producing Position with FlooidCX Corporation Merger

Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

Vital Energy Closes Second Transaction to Acquire Additional Working Interests Related to Recent Permian Basin Acquisition

Nio, A Big Supporter Of Battery Swapping, Buys Stake In Nuclear Fusion Startup

Sunoco To Sell Over 200 Stores To 7-Eleven In $1B Deal

Devon Energy: Diversifying into Geothermal

Weekly Roundup: April 7-13, 2023

Oil Producer Diamondback Energy Agrees Bolt On Acquisition Focused On Northern Midland Basin

Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Newbuild Japanese Kamsarmax Class Dry-bulk Vessel

Vital Energy Acquires Additional Working Interests in Recent High-Value Acquisitions in the Permian Basin

Enbridge Buys Texas Renewable Energy Biz In $270M Deal

Proterra Announces Results of Chapter 11 Sale of the Proterra Transit and Energy Business Lines

VAALCO Response to Media Speculation

EXCLUSIVE: SinglePoint Buys This Full-Service EPC Firm With Projected Revenue Of $25M

Exxon’s Acquisition of Denbury

Tilray Completes Acquisition Of 8 Beer Brands From Bud Light Parent Anheuser-Busch

Energy Co. NRG Acquires Vivint Smart Home In $5.2B Deal

Alternus Energy Group Plc Completes Business Combination with Clean Earth Acquisitions Corp.

These Analysts Raise Their Forecasts On Earthstone Energy Following Acquisition Deal

Minim Announces Merger Agreement with e2Companies

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