Petroplan is excited to announce the successful completion of its acquisition by TXM Group Ltd. Find out more: https://ow.ly/2o0q50SurNW
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Product Owner l Project Management l Digital strategy l Operating Systems l CRM l Account management l Sales Operations
Can Exxon be more efficient and extract more from the ground than Pioneer? It's a significant bet on the industry, especially the U.S. industry. This is the largest purchase in Exxon's history https://lnkd.in/gPgpFe-Y
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📢 Exciting News! Rogers Petroleum Finalizes Strategic Acquisition of Deloy L. Brown Petroleum 🛢️ We're pleased to announce that Rogers Petroleum, Inc. has successfully completed a strategic acquisition of Deloy L. Brown Petroleum, a multifaceted leader in the industry. This deal marks a significant step forward for Rogers Petroleum, enhancing our ability to better serve our customers in our marina, convenience store, and construction businesses. The acquisition includes three Exxon-branded convenience stores and dealer supply accounts, a well-established commercial fuels and lubricants business, and a state-of-the-art commercial bulk plant facility and card lock in Crossville. This expansion allows us to seamlessly connect our growing central and east Tennessee operations, further reinforcing our commitment to delivering exceptional service and fueling programs. Chris Liposky, CEO of Rogers Petroleum, shared his excitement, "This acquisition adds a vital piece to our strategic puzzle, enabling us to extend our reach across Deloy’s established footprint. We're dedicated to upholding the high standards and valued services that have shaped our business throughout the years." Rodney Brown, President and Owner of Deloy L. Brown Petroleum expressed his pride and optimism for the future, "I am immensely proud of the legacy my father entrusted to me when I took over the business. While we've seen remarkable growth and success, the challenges facing our industry today necessitated a new approach. After careful consideration, we recognized that partnering with Rogers Petroleum was the best path forward for our employees and customers. This is truly a win-win outcome for everyone involved." We extend our gratitude to PetroActive Real Estate Services, LLC for their exclusive confidential advisory services to Deloy L. Brown Petroleum. Their expertise and guidance were invaluable in making this transaction a reality. Join us in celebrating this remarkable milestone and welcoming our new team as we continue to fuel success, together. Learn more about our journey and offerings at www.rogerspetro.com. #RogersPetroleum #DeloyLBrownPetroleum #StrategicAcquisition #FuelingSuccess #BusinessGrowth #EnergyIndustry #Partnership #Exxon #Marathon #Citgo #PetroleumDistribution
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🌟🛢️ Breaking News: Exxon Mobil Completes $60B Acquisition of Pioneer Natural Resources 🌟🛢️ Exxon Mobil Corporation has sealed the deal on its acquisition of Pioneer Natural Resources, a monumental move reshaping the energy sector. With a price tag of $60 billion, this acquisition ranks among the largest in recent oil-and-gas history, positioning Exxon as a dominant force in the industry. This strategic acquisition significantly bolsters Exxon’s presence in the Permian Basin, effectively doubling its footprint in this prolific oil-producing region. The deal grants Exxon access to over 1.4 million net acres in the Delaware and Midland basins within the Permian, setting the stage for substantial production growth. Exxon’s projections indicate a potential surge in production to 1.3 million barrels per day (bpd), with further growth anticipated to reach an impressive 2 million bpd by 2027. Despite regulatory challenges, including concessions to address antitrust concerns and the exclusion of Pioneer’s former CEO from Exxon’s board, the completion of this landmark deal underscores Exxon’s commitment to strategic expansion. Amidst allegations of collusion with OPEC officials, Exxon navigated regulatory scrutiny to bring the acquisition to fruition, reinforcing its position as a key player in the global energy market. This bold move sets the stage for enhanced growth and competitiveness as Exxon continues to shape the future of the industry. #ExxonMobil #PioneerAcquisition #EnergySector #StrategicExpansion #GlobalEnergyMarket #PermianBasin #OilAndGasIndustry 💼🌎🛢️🔝
Exxon Mobil Corporation has completed the $60 billion acquisition of Pioneer Natural Resources, a significant milestone in the energy sector. This deal is one of the largest oil-and-gas acquisitions in recent history, reshaping the industry landscape.
Exxon Completes $60B Acquisition of Pioneer | OilPrice.com
oilprice.com
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NEWS OF THE DAY! Brooge Energy Receives Acquisition Proposal from Gulf Navigation Holdings: 1. Stock Surge: Brooge Energy's (NASDAQ:BROG) stock saw a 20.2% surge in after-hours trading on Tuesday, following news of a buyout offer from Dubai-listed maritime company Gulf Navigation Holdings. The specific terms of the deal remain undisclosed. 2. Due Diligence: Gulf Navigation Holdings emphasized that the proposal is still in its early stages and that they are actively conducting additional due diligence on Brooge Energy as they assess the potential transaction. 3. Strategic Acquisition: Gulf Navigation Holdings stated that the proposed acquisition aligns with their strategy to expand growth and offer a comprehensive suite of logistical services related to oil, petrochemicals, and gas. =>Please follow #Finplate and stay updated with the latest #mergersandacquisitions news. Thanks in advance.
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Another O&G acquisition to acquire more assets in the TX oil patch. Some folks called this as the beginning of a lot of M&A in the space coming off the heals of the Exxon deal for Pioneer in Oct.
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
wsj.com
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Financial Analyst || +10yrs Exp. || Financial Modelling || Ex-Acuity Knowledge Partners || Pursuing Financial Modeling & Valuation Analyst (FMVA) and Commercial Banking & Credit Analyst (CBCA) Certifications
𝐎𝐢𝐥 & 𝐆𝐚𝐬 𝐆𝐢𝐚𝐧𝐭 𝐂𝐡𝐞𝐯𝐫𝐨𝐧 𝐀𝐠𝐫𝐞𝐞𝐬 𝐓𝐨 𝐀𝐜𝐪𝐮𝐢𝐫𝐞 𝐇𝐞𝐬𝐬 𝐂𝐨𝐫𝐩 𝐀𝐭 𝐀 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 The transaction is projected to be accretive to cash flow per share in 2025 after achieving synergies and the start-up of the fourth floating production storage and offloading vessel in Guyana. Post-deal closure, CVX plans to boost share repurchases by $2.5 billion to the top end of its guidance range of $20 billion/annually in a continued upside oil price scenario.
Oil & Gas Giant Chevron Agrees To Acquire Hess Corp At A Premium - Chevron (NYSE:CVX)
benzinga.com
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Here we go again......First it was the Oilfield operators and now its the Service Companies. SLB acquires ChampionX and has re-entered the North American unconventional market SLB already a leader in Artificial Lift, now becomes the market leader in Oilfield Production. Where does this leave Halliburton? Will they acquire Baker Hughes and/or Liberty? https://lnkd.in/g7TYdUZR #technicalmarketing #marketintelligence
SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction | ChampionX Corporation
investors.championx.com
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𝐖𝐢𝐥𝐝𝐜𝐚𝐭 𝐏𝐞𝐭𝐫𝐨𝐥𝐞𝐮𝐦 𝐩𝐚𝐬𝐬𝐞𝐬 𝐫𝐢𝐠𝐨𝐫𝐨𝐮𝐬 𝐝𝐮𝐞 𝐝𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐭𝐚𝐤𝐞 𝐦𝐞𝐠𝐚 𝐨𝐢𝐥 𝐝𝐞𝐚𝐥𝐬 London's Wildcat Petroleum Limited clears a comprehensive due diligence by South Sudan's Ministry of Petroleum, marking a significant step toward potential mega-deals in the country's vast oil sector. The evaluation covered crucial aspects like technical expertise and financial capacity for major multi-million/billion dollar oil production acquisitions. 🌐💼 To read full article https://rb.gy/if4in4 #WildcatPetroleum #OilSectorDeals #SouthSudan"
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Get Smart with CALEP and Michael Bruch by registering for JV101; Compare and Contrast on October 19 from 9:00am - 4:00pm. Land and Joint Venture people often have limited knowledge of what the other group does. This JV 101 course is intended to provide greater insight for Land people into what JV people do for a living by comparing some of the key agreements. A comparison of the mineral land Joint Operating Agreement (JOA) and CAPL Operating Procedure to the joint venture PJVA CO&O Agreement will highlight many similarities in how jointly owned wells and jointly owned facilities are managed. Collaboration between Land and JV will result in improved outcomes and more efficient management of your company’s jointly owned developments. For more information, or to register, visit: https://lnkd.in/eiiY6h7M *Save $50 when you register at least 3 weeks in advance! Prices will increase 3 weeks prior to the course.* #CALEP #Course #GetSmart #RegisterToday #JoinUs
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Missed the BTV Season Finale? Catch the highlights of Baytex Energy Corp.'s game-changing journey in the North American oil and gas scene! From the Western Canadian Sedimentary Basin to the Eagle Ford, witness strategic resilience and growth anchored in diverse portfolios across Alberta, Saskatchewan, and Texas. Key move: Ranger acquisition doubled cash flow, securing two years on TSX 30. Future-focused on organic growth and strategic acquisitions, Baytex continues to lead as a North American oil producer. (TSX: BTE, NYSE: BTE) Learn More: https://lnkd.in/gSnJtM2D #EnergyStocks #OilStocks #Sustainability #OilandGas #EnergyRevolution #StocksinFocus #StocksinNews #NaturalGas
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