Page 18 - முன்னோடி பள்ளத்தாக்கு பிராந்திய பள்ளி ப்ரிந்ஸிபல் கெவின் பர்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from முன்னோடி பள்ளத்தாக்கு பிராந்திய பள்ளி ப்ரிந்ஸிபல் கெவின் பர்க். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In முன்னோடி பள்ளத்தாக்கு பிராந்திய பள்ளி ப்ரிந்ஸிபல் கெவின் பர்க் Today - Breaking & Trending Today

U.S. shale producer Pioneer Natural to buy DoublePoint Energy


By Reuters Staff
3 Min Read
(Reuters) -U.S. oil producer Pioneer Natural Resources agreed on Thursday to acquire privately-held rival DoublePoint Energy for about $6.4 billion, speeding up a consolidation of shale oil producers.
Oilfield rollups have accelerated this year as energy prices recover following last year’s coronavirus-driven market crash. Companies with strong balance sheets have been snapping up debt-laden and privately-held operators, and promising to focus on profit over volume growth.
Acquisitions of fast-growth oil companies like DoublePoint Energy by mature operators “will allay concerns that U.S. shale could again oversupply the market and crash prices,” said Andrew Dittmar, an Enverus merger and acquisitions analyst. ....

Arundhati Sarkar , Thomson Reuters Trust Principles , Doublepoint Energy , Pioneer Natural Resources , Thomson Reuters Trust , Company News , Energy Legacy , Oil Amp Gas Exploration And Production Trbc Level 4 , Oil Amp Gas Exploration And Production Nec Trbc Level 5 , Mergers Acquisitions Takeovers , Energy Markets , Oil Amp Gas Trbc Level 3 , Equities Markets , United States , அருந்ததி சர்க்கார் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , முன்னோடி இயற்கை வளங்கள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை , நிறுவனம் செய்தி , ஆற்றல் மரபு , ஆற்றல் சந்தைகள் , பங்குகள் சந்தைகள் , ஒன்றுபட்டது மாநிலங்களில் ,

Exclusive: Pioneer Natural Resources nears $6 billion DoublePoint Energy deal - sources


2 Min Read
(Reuters) - Pioneer Natural Resources Co is nearing a deal to acquire oil producer DoublePoint Energy for more than $6 billion in cash and stock and expand its footprint in the Permian Basin, people familiar with the matter said on Thursday.
It would be Pioneer’s second significant acquisition in just over six months, after announcing in October it would buy Parsley Energy for $4.5 billion.
U.S. shale companies are on the hunt for acquisitions again, as they position themselves for the recovery in oil prices, with the value of U.S. crude rising 60% in the last six months. Consolidation allows them to cut costs so they can spend more on drilling and return cash to shareholders. ....

New York , United States , New Mexico , Greg Roumeliotis , Thomson Reuters Trust Principles , Doublepoint Energy , Diamondback Energy Inc , Double Eagle Energy Holdings , Apollo Global Management Inc , Parsley Energy , Pioneer Natural Resources Co , Concho Resources , Fourpoint Energy , Quantum Energy Partners , Permian Basin , Point Energy , Eagle Energy Holdings , Western Texas , Southeastern New Mexico , Guidon Operating , Thomson Reuters Trust , R Sc , Banking Amp Investment Services Trbc Level 2 , Company News , Energy Trbc Level 1 , Enterprise Reporting ,

Pioneer's $6.4 billion deal for DoublePoint accelerates U.S. shale oil consolidation


By Reuters Staff
3 Min Read
(Reuters) -U.S. oil producer Pioneer Natural Resources agreed on Thursday to acquire privately-held rival DoublePoint Energy for about $6.4 billion, speeding up a consolidation of shale oil producers.
Oilfield rollups have accelerated this year as energy prices recover following last year’s coronavirus-driven market crash. Companies with strong balance sheets have been snapping up debt-laden and privately-held operators, and promising to focus on profit over volume growth.
Acquisitions of fast-growth oil companies like DoublePoint Energy by mature operators “will allay concerns that U.S. shale could again oversupply the market and crash prices,” said Andrew Dittmar, an Enverus merger and acquisitions analyst. ....

United States , Enveru Dittmar , Muralikumar Anantharaman , Andrew Dittmar , Arundhati Sarkar , Gary Mcwilliams , Cody Campbell , Thomson Reuters Trust Principles , Chevron Corp , Doublepoint Energy , Apollo Global Management Inc , Noble Energy , Parsley Energy , Concho Resources , Quantum Energy Partners , Devon Energy , Pioneer Natural Resources , Permian Basin , Point Energy , John Sellers , Quantum Energy , Thomson Reuters Trust , Company News , Energy Legacy , Oil Amp Gas Exploration And Production Trbc Level 4 , Oil Amp Gas Exploration And Production Nec Trbc Level 5 ,