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Stice: Diamondback's Small Company Culture Suits Big M&A Appetite

Diamondback Energy CEO Travis Stice tells analysts that the company’s nimble nature is among its top qualities, allowing for rapid growth and the successful integration of Endeavor Energy this year. ....

Chesapeake-energy , Energy-resources , Hess-corp , Diamondback-energy , Us-federal-trade-commission , Exxon-mobil , Southwestern-energy , Chevron , Permian-basin , Endeavor-energy-resources , Trade-commission

FTC OKs Exxon-Pioneer Merger, but Bars Sheffield from Exxon's Board

A megamerger between Exxon Mobil and Pioneer Natural Resources can proceed, but Pioneer Chairman Scott Sheffield is out, the Federal Trade Commission says. ....

Russia , Texas , United-states , New-mexico , Saudi-arabia , American , Saudi , Scott-sheffield , Kyle-mach , Williams-cos , Maria-dreyfus , Texas-railroad-commission

Decoding the Delaware: How E&Ps Are Unlocking the Future

The basin is deeper, gassier, more geologically complex and more remote than the Midland Basin to the east. But the Delaware is too sweet of a prize to pass up for many of the nation’s top oil and gas producers. ....

Delaware , United-states , Lea-county , New-mexico , Oklahoma , Winkler-county , Texas , Bone-spring , White-house , District-of-columbia , Pecos-county , Ward-county

Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation

Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way. ....

Saudi-arabia , Iron-mountain , Texas , United-states , Houston , Japan , Nippon , American , Ron-gusek , Adam-anderson , Betty-jiang , Neal-lux

Utah's Ute Tribe Demands FTC Allow XCL-Altamont Deal

More than 90% of the Utah Ute tribe’s income is from energy development on its 4.5-million-acre reservation and the tribe says XCL Resources’ bid to buy Altamont Energy shouldn’t be blocked. ....

Utah , United-states , Salt-lake , Texas , Salt-lake-city , Uinta-basin , Fort-duchesne , El-paso , Houston , Altamont , Altamont , Uintah