Many producers are awash with free cash flow — but what does this mean for their 2022 outlook in terms of cash usage, debt positions, capital budgeting and guidance?
February 9, 2022, 7:02 AM MST
Evaluate Energy’s latest M&A report shows that between the start of April and the end of September, the Permian Basin in the United States saw almost US$30 billion in new M&A deals announced for E&P assets.
October 28, 2021, 6 AM MDT
Evaluate Energy’s latest report shows that upstream M&A spending reached US$44 billion around the world during Q3 based on deals announced between July and September.
October 21, 2021, 6 AM MDT
InPlay Oil Corp.’s acquisition of light-oil Cardium producer Prairie Storm Resources Corp. currently ranks as the ninth highest value asset or corporate acquisition made involving Canadian E&P assets in Q3 2021.
September 29, 2021, 7:02 AM MDT
A series of high value mergers in the U.S. Permian Basin led to a sharp increase in global upstream deal value in Q2, according to Evaluate Energy’s latest quarterly M&A report.
July 21, 2021, 6 AM MDT
Canada’s oil producers contradicted almost every key cash spending pattern across the North American oil and gas industry in Q1, despite enjoying the same increase in operating cash flow thanks to increasing commodity prices, according to new analysis from Evaluate Energy.
July 6, 2021, 6:30 AM MDT
Early 2021 saw revenues and operating cash flow soar in the North American oil and gas industry.
June 28, 2021, 8:32 AM MDT
Surge Energy Inc. announced a $160 million deal in southeast Saskatchewan this week in a deal that the company says opens up a new core area with “high light oil netbacks, low-cost production efficiencies and quick drilling payouts.”
June 23, 2021, 8:10 AM MDT
The deal announced yesterday that will see Pembina Pipeline Corporation acquire Inter Pipeline Ltd. is the largest Canada-focused midstream transaction in the past five years, according to CanOils data.
June 2, 2021, 9:18 AM MDT
Tourmaline Oil Corp. and Topaz Energy Corp. were involved in the latest Montney deals of 2021 this week, following on from PETRONAS upping its stake in JAPEX Montney by 10 per cent last week.
May 19, 2021, 8:39 AM MDT
Saturn Oil & Gas Inc. announced a $93 million deal in southeast Saskatchewan this week that is projected to transform its portfolio from producing well under 1,000 boe/d in 2020 to over 7,500 boe/d in 2021.
May 14, 2021, 7:15 AM MDT
Evaluate Energy’s latest report shows that global upstream M&A deal spending totalled $19 billion during Q1. Deal counts show an uptick on activity that reflect increased sector confidence and renewed appetite to consolidate/update portfolios as we emerge from the global COVID-19 lockdown.
April 29, 2021, 6 AM MDT
PDC Energy Inc.’s $1.7 billion acquisition of SRC Energy Inc. was the single-most ‘transformational’ deal last year for any oil, liquids or oilsands portfolio in North America, based on new data from Evaluate Energy.
April 27, 2021, 7:26 AM MDT
Evaluate Energy’s latest report shows that 72 U.S. and Canadian companies gained a combined $7.6 billion thanks to settled oil and gas derivatives in 2020.
April 20, 2021, 8:12 AM MDT
Three Canadian oilsands operators are prominent among larger producers in North America projecting the greatest percentage rise in capital spending in 2021.
March 23, 2021, 9:49 AM MDT
March 18, 2021, 9:10 AM MDT
Wind power deal making in European and Asia Pacific markets saw a major uptick in 2020 and early 2021 thanks to growing demand for stakes in future generation capacity.
March 11, 2021, 8:30 AM MST
Wind power deal making in European and Asia Pacific markets saw a major uptick in 2020 and early 2021 thanks to growing demand for stakes in future generation capacity.
March 9, 2021, 9:16 AM MST
New data from Evaluate Energy shows that 48 GW in existing and future solar power generation capacity has changed hands in 271 M&A transactions around the world in 2020.
March 4, 2021, 6:56 AM MST
New data from Evaluate Energy shows that 48 GW in existing and future solar power generation capacity has changed hands in 271 M&A transactions around the world in 2020.
March 2, 2021, 7:16 AM MST
New data from Evaluate Energy shows that 74 GW in existing and future wind power generation capacity have changed hands in 222 M&A transactions around the world in 2020.
February 25, 2021, 7:44 AM MST
New data from Evaluate Energy shows that 74 GW in existing and future wind power generation capacity have changed hands in 222 M&A transactions around the world in 2020.
February 23, 2021, 7:20 AM MST
Among producers focused solely on a North American asset base, Ovintiv Inc. recorded the highest capital spend in Q3 2020 at US$351 million, based on data released today by Evaluate Energy.
February 2, 2021, 8:28 AM MST
Evaluate Energy’s new M&A report shows that $93 billion in upstream oil and gas deals were agreed in 2020, with the bulk of the sum found in low-premium corporate mergers in North America agreed in the latter period of the year.
January 29, 2021, 7:54 AM MST
Deals in the United States and Canada were responsible for around 84% of the $93 billion in upstream deals agreed worldwide in Q4 2020, according to the latest data from Evaluate Energy.
January 28, 2021, 6:59 AM MST
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