Matrix Capital Markets Group, Inc.’s Post

A sensible move. Woodside confirms it is no longer in merger talks with Santos. A bigger balance sheet doesn't always give you a better position to take advantage of future opportunities and risks. What M&A deals could Aussie oil and gas companies do that could add value and position them for transition? #climatefinance #esginvesting #accelaresearch #oilandgas #sustainablefinance #sustainability #climatetransition #consolidation https://lnkd.in/gAY5ycqu

Corp CEO John Hess poised to win? TIGHT SCOREBOARD Three firms - HBK Capital Management, The D. E. Shaw Group, and Pentwater Capital Management LP - have stated they are not ready to give their go ahead. Together they hold almost 6% of Hess Corporation. Another three investors filed lawsuits to delay or block the vote, backed by a flood of letters to Hess management complaining it failed to disclose legal and regulatory issues that could delay the transaction by up to one year. _________________________________ A lengthy U.S. federal regulatory review and a surprise arbitration challenge from ExxonMobil have put about 40% of shares outstanding on the fence, interviews show. 1+1=3 ❓ That could make it harder for Hess to get more than 50% of the 308 million shares outstanding to win approval, even though he can count on his family shares along with other directors and management, for about 10%.

M&A Weekly: Getting you up to speed with the latest dealmaking news from last week! 🏗️ As part of its strategy to expand its range of investments ahead of an IPO, PE firm CVC acquires DIF Capital Partners for €1bn. 🧑🔬 In order to diversify itself away from its oil dependance, Adnoc improved its bid for the German chemical company Covesto up to $14bn. 📦 Two of the world’s largest packaging companies, WestRock and Smurfit Kappa, are in talks to create a global giant valued at $20bn. ⛽Enbridge is about to purchase Dominion’s three natural gas distribution companies for $9.4bn, making it the biggest gas utility group in North America. 🧑🏫As wealth advisors are having increased demand, Ontario Teachers’ fund acquires UK wealth manager 7IM which runs assets for more than 2,300 advisory firms and 7,000 private clients. Make sure to follow MergerSight on our social media platforms to be updated with the latest M&A news! Sign up to our exclusive weekly newsletter here: http://eepurl.com/ic1Kyv For complete analysis of the world's most interesting M&A transactions, and to sign up to our newsletter, check out our website https://lnkd.in/gvZa6Xp #mergersight #m&a #infrastructure #chemicals #packaging #gas #wealthmanagement #teachers By Victor Paquet and Pierre Six

I've had the pleasure of working with Dave Szybunka Canoe Financial and his team for a decade+ on behalf of our clients. Recent M&A activity in the energy space has been accelerating since the summer. Tourmaline Oil Corp and ExxonMobil have recently put their shareholders' money where their profits are, and hope they will derive more from in the future. Oil and Gas companies have significant cash on their balance sheets they can use for many things including, special dividends, debt reduction, and acquisitions. Are we entering a renaissance of the energy industry? Dave authors an amazing article highlighting the implications, and opportunities, that are on the horizon. #stockmarket #markets #data #financialplanning #financialliteracy #financialadvisor #portfoliomanagement #portfolios #stocks #interestrates #inflation #planning #investing #bonds #fixedincome #stayinvested #followyourplan  #bullmarket #bearmarket #happyness #wealth #oilandgas #energy #manda #mergers #acquisitions #permian #bakken #eagleford https://lnkd.in/gwD8BnnF

Explore how mega-deals are reshaping the midstream oil and gas industry, providing growth and stability amid regulatory challenges and limited organic expansion opportunities. https://ow.ly/KCra50SuEf4 #mergers #acquisitions

News broke this evening that Woodside Energy and Santos Ltd are in discussions over an $80 billion merger. Where'd this come from? Santos' share price for one thing. Follow-up tomorrow morning on Energy News Bulletin. #asxnews #mergersandacquisitions #oilandgas #lng #lngindustry

The Contrarian’s Dilemma: Good Deals, Bad Reactions: The Big Point The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers. Exxon and Chevron have announced major acquisitions that will add shareholder value. Both companies are being assaulted by negative stock market reactions. Post announcements, Exxon has fallen 4.2% and Chevron is down 12%. The Rabid Capitalist describes this phenomenon as the contrarian’s dilemma: actions that will create long term value are often met with short term derision. In other words, sometimes the market is trying to tell you something that you should ignore. Complete content is available for a $15 monthly subscription. Click here to subscribe: https://lnkd.in/enjBSsPM

Ahead of #WECA23, we caught up with Alan Carnrite, Managing Director at Alvarez & Marsal to discuss their involvement in the World Energy Capital Assembly and the Awards of Excellence, and their panel session 'Capital Markets Panel: Plugging The Financing Gap: Who Are the Providers of Long-Term, Reliable Capital for Oil & Gas and How Do You Access It?’. Read the full interview to discover more about the role Alvarez & Marsal play in supporting the Oil & Gas industry, and the trends they're seeing in the industry, such as large-scale acquisitions reminiscent of the mega-mergers from the late 1990s, and early 2000s. Check out the full interview below to learn more: https://lnkd.in/dzv5R4-H At #WECA23, Al Carnrite will be moderating on our panel session 'Capital Markets Panel: Plugging The Financing Gap: Who Are the Providers of Long-Term, Reliable Capital for Oil & Gas and How Do You Access It?’ looking to identify where operators can access alternative sources of capital and whether the equity markets are open for the independent oil and gas sector. You can still join us at WECA 2023 if you get your ticket today: https://lnkd.in/dDkRGTBf

WAVE OF BILLION-DOLLAR OILPATCH DEALS A SIGN OF BULLISH CANADIAN ENERGY SECTOR A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say. #oil #fossilfuel #energy #Canada Read more: https://hubs.ly/Q0262-ZT0

Global market activity hit its lowest point at the end of December, with a 63% decrease in transaction volume and an 86% decline in value for recorded deals this week. Despite this downturn, the Oil and Gas sector remains robust, contributing to 3 out of the top 5 deals this week: The William Companies Inc-Hartree Partners deal, Focus Impact BH3 Acquisition Co-XCF Global Capital, Inc deal, and CDPQ-TAG deal. As we step into the new year, it remains to be seen if the Oil & Gas sector will maintain its prominence within the M&A landscape in the month of January. The dynamics are shifting, and uncertainties abound. Yet, one constant prevails – IMAA's top Global M&A Deals are poised to dissect and analyze the most influential deals worldwide. Expect timely data that will reveal emerging market trends, strategic shifts, and potential opportunities that could redefine M&A. Stay tuned for updates on the latest global market developments and our detailed review of this week's top Global M&A Deals! Source: Institute for Mergers, Acquisitions and Alliances (IMAA) #valuation #transactionmonitoring #mergersandacquisitions