) in an all-stock deal valued at $1.62 billion, adding acreage in an oil-rich part of the top U.S. shale basin.
SunTrust Robinson analyst Neal Dingmann said the Parsley-Jagged Peak deal was overall positive, but Parsley’s shares would be pressured by the current investor angst against deals and worries over the timing of the company’s free cash flow among other reasons. Parsley said, following the deal, it will have about 267,000 net acres in the Permian, which has emerged as the biggest U.S. oil production area and the second biggest for natural gas.
petrobras for sale.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Parsley Energy to buy Jagged Peak Energy in $1.62 billion dealParsley Energy Inc said on Monday it would buy smaller peer Jagged Peak Energy I... Short Cilantro Inc! Short cilantro! Couldn't resist... Drastically increases their viability on the Permian and Delaware basins. Great news! I think there will be more to come in the 4th quarter. E o aglomerado do controle energético continua inchando. Mais um se junta ao bloco
Source: Reuters - 🏆 2. / 97 Read more »
Sempra Energy to sell Chilean businesses for $2.23 billion to China's State GridU.S. power company Sempra Energy said on Monday it would sell is Chilean busines... Trump is playing chess with China and keep falling for the Scholar’s mate. Guess China doesn't expect climate change to negatively affect Chile
Source: Reuters - 🏆 2. / 97 Read more »
Hundreds of Algerians protest against proposed energy lawHundreds of Algerians protested in front of parliament on Sunday against propose... Our mission at is to build the social media platform that ends fake news France needs a wall That looks more than hundreds to me.
Source: Reuters - 🏆 2. / 97 Read more »
Russia exploring currency settlement in euros, roubles for energy exports: FTEconomy Minister Maxim Oreshkin told the Financial Times that Russia is looking ... When National Budget with Profit &Loss it was set for oil crude 120 USD, that trick will rearrange figures ? Not at all ! 2019 oil crude is set worldwide for 50, and Russia remains with 120, cool ! It's about time.
Source: Reuters - 🏆 2. / 97 Read more »
Parsley Energy to buy Jagged Peak Energy in $1.62 billion dealParsley Energy Inc said on Monday it would buy smaller peer Jagged Peak Energy I... Short Cilantro Inc! Short cilantro! Couldn't resist... Drastically increases their viability on the Permian and Delaware basins. Great news! I think there will be more to come in the 4th quarter. E o aglomerado do controle energético continua inchando. Mais um se junta ao bloco
Source: Reuters - 🏆 2. / 97 Read more »
Sempra Energy to sell Chilean businesses for $2.23 billion to China's State GridU.S. power company Sempra Energy said on Monday it would sell is Chilean busines... Trump is playing chess with China and keep falling for the Scholar’s mate. Guess China doesn't expect climate change to negatively affect Chile
Source: Reuters - 🏆 2. / 97 Read more »