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 26, 2021, 8:13 AM MST
Three Canadian upstream M&A deals rank in the 10 largest E&P transactions by acquisition value around the world in the past decade, according to new data from Evaluate Energy.
January 12, 2021, 7:45 AM MST
Canadian upstream activity sprung to life in Q3 with a series of deals agreed involving ConocoPhillips, Canadian Natural Resources Limited and Whitecap Resources Inc., based on Evaluate Energy’s latest M&A report, available here.
November 5, 2020, 6 AM MST
Weak demand related to COVID-19 is hurting company finances and resulted in a series of U.S. upstream deals much more akin to friendly mergers than aggressive takeovers.
November 3, 2020, 7:59 AM MST
The combination of Cenovus Energy Inc. and Husky Energy Inc. will create one of North America’s top 10 producers.
October 27, 2020, 8:01 AM MDT
Painted Pony Energy Ltd. was one of North America’s highest cost natural gas producers prior to its acquisition by Canadian Natural Resources Limited in October, based on fresh data from Evaluate Energy.
October 21, 2020, 6:58 AM MDT
Peyto Exploration & Development Corp. and ARC Resources Ltd. rank among North America’s lowest-cost natural gas producers, according to the latest data from Evaluate Energy.
October 20, 2020, 7:37 AM MDT
Debt levels spiked among E&P companies during Q2 according to the latest analysis by the U.S. Energy Information Administration (EIA), illustrating the immediate impact of reduced oil demand and prices on the sector.
September 24, 2020, 7:54 AM MDT
The value of asset impairments recorded by under-pressure North American upstream producers exceeded $100 billion during the first half of this year, due primarily to pandemic-related drops in oil demand and per-bbl prices.
September 21, 2020, 8:57 AM MDT
In situ oilsands production in both Alberta and Saskatchewan saw deep cuts during the second quarter of 2020. However, the latest data from CanOils, via its Oilsands and well-level Assets data products, shows that production levels are beginning to rebound after increases in June.
August 26, 2020, 9:44 AM MDT
The COVID-19 pandemic had a major impact on global M&A activity in the upstream oil and gas sector in the second quarter, according to a new report released today by Evaluate Energy in partnership with Deloitte.
July 27, 2020, 8:32 AM MDT
July 21, 2020, 9:59 AM MDT
Below are three key conclusions from Evaluate Energy’s latest report on oil hedging positions for 102 North American producers heading into the second half of 2020.
July 9, 2020, 12 AM MDT
MEG Energy Corp. and Murphy Oil Corporation were two North American oil producers that made significant gains from hedging strategies in Q1 2020.
June 29, 2020, 12 AM MDT
From riding high to bankruptcy, Chesapeake Energy Corporation’s decline will shock many in the industry. Evaluate Energy tracks Chesapeake’s cash and financing gap over 10 years.
June 29, 2020, 11:23 AM MDT
2019 was a very positive year for the Latin American upstream industry, according to analysis provided in the latest report released by Evaluate Energy, the Daily Oil Bulletin and Sproule.
April 24, 2020, 7:35 AM MDT
2019 was a very positive year for the Latin American upstream industry, according to analysis provided in the latest report released by Evaluate Energy, the Daily Oil Bulletin and Sproule.
April 23, 2020, 7:35 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 17, 2020, 6 AM MDT
California is home to two of North America’s highest cost oil producers by far according to latest data from Evaluate Energy.
April 16, 2020, 10:36 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 16, 2020, 6 AM MDT
North Dakota’s Bakken formation, the Permian Basin and the Eagle Ford shale are home to some of North America’s lowest cost oil producers according to the latest data from Evaluate Energy.
April 15, 2020, 7:55 AM MDT
A handful of North American oil companies were happy to take on significantly more risk in 2019 in their pricing strategy per barrel – and would have suffered greatly in the price drop of early 2020.
April 14, 2020, 8:55 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 14, 2020, 6 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 13, 2020, 6:54 AM MDT
Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.
April 9, 2020, 8:03 AM MDT
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