Diamondback merges with Endeavor in deal worth $26Bln to create huge Permian player in year-long M&A surge
Diamondback Energy, the Texas-based company listed on the Nasdaq global exchange, has agreed to acquire privately-held Endeavor Energy Resources in a transaction valued at $26 billion to create a premier operator in oil and associated natural gas in the Permian Basin of West Texas and New Mexico.
EQT notes offering
Jan 18 (LNGJ) - EQT Corp., the leading US natural gas producer in the Appalachia Shale basins, said it priced an underwritten public offering of $750 million of its 5.750 percent senior notes due in 2034. EQT’s offering will close on January 19 subject to the satisfaction of customary closing conditions. “EQT expects to use the net proceeds from the offering to repay a portion of the borrowings under its term-loan facility incurred in connection with its acquisition of Tug Hill and XcL Midstream,” the company said.
EQT, based in Pittsburgh and with shale-gas operations in the Marcellus and Utica formations of western Pennsylvania, Ohio and West Virginia said the joint book-running managers and underwriters for the notes offering included J.P. Morgan Securities, MUFG Securities Americas Inc., TD Securities (USA) and Wells Fargo Securities.
Chesapeake Energy agrees takeover of Southwestern for $7.4Bln and to change name as largest US gas player
Chesapeake Energy Corp. said it would purchase smaller market rival Southwestern Energy Co. for $7.4 billion in an all-stock transaction creating a $24Bln company that will be the nation’s largest natural gas producer.
Tokyo Gas unit agrees to pay $2.7Bln to acquire Rockcliff Energy and its assets in the US Haynesville Shale
Tokyo Gas Co., one of the leading Japanese LNG importers and the largest provider of city-gas services in the Tokyo metropolitan area, has agreed to pay $2.7 billion to acquire US upstream natural gas company Rockcliff Energy and its assets in the Haynesville Shale.
US energy M&A gathers pace with Chevron agreeing $6.3Bln all-share deal for Permian and DJ Basins asset owner
Chevron Corp. has agreed to acquire Nasdaq-listed PDC Energy in an all-stock transaction valued at $6.3 billion and boosting the US major’s holdings in US strategic basins such as the Permian.
US LNG equipment-maker and gases company Chart to acquire UK’s Howden for $4.4Bln in cash and shares
Chart Industries, the US LNG equipment-maker and industrial gases and clean energy company, has signed definitive agreements to acquire Howden, a leading UK-based global provider air and gas handling products and services, for a purchase price of $4.4 billion from affiliates of KPS Capital Partners LP.
Chart Industries plans share offering to help finance takeover of US air compression business
Chart Industries, the US LNG and industrial gases equipment provider, is planning an underwritten public offering of 4.9 million shares to fund a portion of the purchase price of its pending acquisition of Harsco Corp.’s Industrial Air-X-Changers business.
