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US energy M&A slows in Q3, but October s mega deals to spark activity - Enverus

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Enverus: $14 billion in Q3 2023 upstream M&A overshadowed by October s Exxon, Chevron megadeals

In Q3, U.S. upstream M&A cruised along with $14 billion transacted in 25 deals. A liftoff in corporate consolidation picked up the slack of declining opportunities to buy private assets with two-thirds of deal value last quarter coming from combinations between public companies.

StockNews com Begins Coverage on Earthstone Energy (NYSE:ESTE)

StockNews.com began coverage on shares of Earthstone Energy (NYSE:ESTE – Free Report) in a research report released on Wednesday morning. The brokerage issued a hold rating on the oil and gas producer’s stock. Several other analysts have also issued reports on ESTE. Mizuho increased their price objective on Earthstone Energy from $22.00 to $23.00 and […]

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