Deal Insight
Cimarex acquires Resolute for US$1.77 billion
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Permian consolidation continues as Cimarex Energy has agreed to acquire Resolute Energy in a stock and cash deal for US$1.6 billion, including US$710 million of long-term debt. Our standard inclusion of working capital adjustments increases the consideration to US$1.8 billion. The consideration price of US$35 per share represents a 15% premium to Resolute's share price of US$30.39 on the previous day of trading before the deal announcement. Unlike many recent transactions, both stock prices were up on the announcement.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1Delaware Basin Wolfcamp A oil-in-place (STOIIP) map with Cum365 gas-to-oil ratio (GOR)Upstream assets: Table 1
-
Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Market Report
US microgrid outlook 2025
US microgrid outlook 2025
$5,990
Insight
The US LNG boom: what’s driving investment and what could shift the momentum
US LNG development reached historic heights in 2025
$950
Market Report
US community solar outlook: H2 2025
The US community solar market outlook covers market trends, policy, and capacity outlooks for major community solar state market.
$5,990
