Private Equity Firms Shop $20 Billion of US Oil Assets as Crude Tops $100
businessmergers-acquisitionsenergy-marketsoil 2 posts · 2 accounts
U.S. private equity firms are shopping more than half a dozen closely held oil and gas companies in Texas, Colorado and elsewhere, assets that together are worth about $20 billion.
The potential sales reflect a rare exit opportunity in the U.S. oil patch after the Iran war pushed crude above $100 a barrel, and have also spurred long-time energy players to bring fossil-fuel holdings to market.
From the sources (2 posts)
@staunovoBuyout shops are finding a rare exit opportunity in the US oil patch. US private equity firms are shopping more than half-dozen closely held oil and gas companies in Texas, Colorado and elsewhere that together are worth about $20 billion,
@businessBuyout shops are finding a rare exit opportunity in the US oil patch.