Insight
US Upstream week in brief: will Concho trigger corporate consolidation in the Permian?
Report summary
In the largest Lower 48 deal since 2012, Concho will acquire pure-play RSP Permian for $9.5 billion in an all stock transaction. Some expect more large-scale deals to follow. But will they? Initial market reaction suggests that any subsequent deals will face significant headwinds. We sort through the signals. In other news from the week, Gulf of Mexico Lease Sale 250 proved to be a bargain hunter’s paradise, and the shelf surprised. We use our Contour upstream valuation tool to consider the impact of Matador’s investment in NGL infrastructure and round out the week with a look at both Oklahoma and Wyoming.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: water watchers see Permian puzzles
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Insight
US upstream week in brief: Q1 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
Insight
US upstream week in brief: Q4 2023 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
