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An oil pump, credit: wikimedia commons Chesapeake Energy Corporation (NYSE: CHK) announced on October 30 that it has agreed to acquire WildHorse Resource Development Corp. (NYSE: WRD) in a cash and stock deal worth approximately $3.9 billion. The deal is expected to close...
Greenpeace, the global environmental watchdog agency, is taking yet another stab at Amazon in its recently released report entitled “Clicking Clean Virginia”. The report, released on February 13, focuses on what is known as the “Data Center Alley” located just outside Washington, D.C. Contrary...
Earth Day is Monday, April 22 and with that in mind, the National Association of Realtors (NAR) has just released its REALTORS and Sustainability 2019 Report. The report highlights consumer preference about environmental sustainability features in real estate. NAR has previously pledged a...
Diamondback Energy Inc (Nasdaq: FANG) and Energen Corporation (NYSE: EGN) announced on August 14 that they had entered a definitive agreement which will see Diamondback acquiring Energen in a transaction worth $9.2b. The deal will be funded completely with stock and includes EnergenÕs $830 million debt. This...
General Electric is furthering its renewed commitment to the environment with its launching of a new solar business with BlackRock. GE has created a footprint in the industry over the past few years, aligning its goals with energy storage and renewable storage.  GE has...
The U.S. Energy Information Administration (EIA) released its weekly report showing higher crude oil prices, but lower crude inventories. Crude oil supplies fell by 8.6 million barrels last week. While the drop was surprising to some, the numbers are still higher than the month-to-month five-year average. It...
Key Energy Services, Inc. (NYSE: KEG) announced on September 24 an all-stock merger with Basic Energy Services, Inc. (NYSE: BAS) as part of a deal worth approximately $500 million. Key Energy Services believes this merger would generate incredible cost synergies including estimated annual run rate synergies of...
A pile of coal, credit: wikimedia commons ValueAct announced their stake in power producer AES in January 2018. Along with the equity holdings the Jeffrey Ubben will take a board seat and serve on the board's finance and compensation committees. Ubben has...
Denbury Resources Inc. (NYSE: DNR) announced on October 28 that it will acquire Penn Virginia Corporation (NASDAQ: PVAC) in a deal worth approximately $1.8 billion. Penn Virginia shareholders will receive 12.4 shares of Denbury common stock and $25.86 of cash per share of Penn Virginia common stock...
During a week of historic snow and ice and record low freezing temperatures, the Texas power grid failed and left millions in the dark to fend for themselves. The winter storm wreaked havoc on the state and was responsible for one of the worst blackouts Texas has...