Energy Advisors Group’s Post

EAG's latest thoughts on the continued consolidation in O&G business...

Energy Advisors Group has released an A&D Deal Alert as we close on 2Q24. This is a continuation of our Market Monitor Series and thought leadership efforts. The full 12-page Special Report highlights two impact deals: - SM Energy Company (80%) and NOG - Northern Oil & Gas, Inc. (NYSE: NOG) (20%) buy XCL Resources in Uinta Basin for $2.55 billion cash - Matador Resources Company buys Ameredev II, LLC in Delaware Basin for $1.9 billion cash Download The 2Q24 Special Report Here: https://lnkd.in/gvAp2rga Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #mergersandacquisitions #capitalmarkets #research #consolidation #deals

I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible!   Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year.   You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/diZdPidn #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition

I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible!   Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year.   You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/gkbJKW9U #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition

I'm thrilled to share Baker Hughes' fourth quarter and total year 2023 earnings! It's been another fantastic year for our organization - thanks to the hard work, passion, and commitment of our entire team. Congratulations to everyone across Baker Hughes who made this possible!   Results highlights: ✔️ We maintained strong order performance in both our Industrial & Energy Technology and Oilfield Services & Equipment business segments, with large awards in drilling and completions, offshore, and LNG, reflecting the strength of our offerings and breadth of capabilities. ✔️Our teams expanded the reach of our digital solutions, continuing to drive more intelligent operations for our customers. ✔️We supported the progress of new energy following a strong year of geothermal, hydrogen, and CCUS awards, totaling $750 million for the year.   You can learn more in this great article in MarketWatch, which looks into our strong order performance 👉 https://lnkd.in/g4rvUqgC #WeAreBakerHughes #EnergizingChange #Energy #Earnings #EnergyForward #EnergyTechnology #Sustainability #LNG #CCUS #Hydrogen #Geothermal #EnergyTransition

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) (DEC) has announced a significant acquisition that bolsters its position in the Central Region of the US by acquiring approximately 510 billion cubic feet equivalent (Bcfe) of proven developed producing (PDP) reserves for $410 million. This move is part of DEC's strategy to consolidate its working interest in wells it already operates. The transaction is seen as highly advantageous. It carries a favourable cost per unit, especially notable as it incurs no additional general and administrative expense for the company. It is also expected to counteract natural production declines by adding around 122 million cubic feet equivalent per day (MMcfepd) in extra output, with about 80% of this being natural gas. This represents around a 15% increase in overall company production. More at #Proactive #ProactiveInvestors #DiversifiedEnergyCompany http://ow.ly/hF1Z105mu0R

#RSM industrials senior analyst David Carter shares how your business can navigate the wave of #oilandgas consolidation in our latest insight:

#RSM industrials senior analyst David Carter shares how your business can navigate the wave of #oilandgas consolidation in our latest insight:

#RSM industrials senior analyst David Carter shares how your business can navigate the wave of #oilandgas consolidation in our latest insight:

#RSM industrials senior analyst David Carter shares how your business can navigate the wave of #oilandgas consolidation in our latest insight: