Shale

$250 billion of shale oil mergers rewrite Wall Street playbook – Uptrends

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0 billion of shale oil mergers rewrite Wall Street playbook – Uptrends

This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in. Diamondback Energy Inc.’s takeover of Endeavor Energy Resources LP announced … Read more

Big Shale means ‘consolidate or get eaten.’ Wall Street is all in – Uptrends

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Big Shale means ‘consolidate or get eaten.’ Wall Street is all in – Uptrends

This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in. Diamondback Energy Inc.’s takeover of Endeavor Energy Resources LP announced on Feb. … Read more