John Collett

𝘿𝙚𝙫𝙤𝙣 𝙀𝙣𝙚𝙧𝙜𝙮 𝙎𝙚𝙖𝙡𝙨 $5 𝘽𝙞𝙡𝙡𝙞𝙤𝙣 𝘿𝙚𝙖𝙡 𝙛𝙤𝙧 𝘽𝙖𝙠𝙠𝙚𝙣 𝙊𝙞𝙡 𝘼𝙨𝙨𝙚𝙩𝙨 𝙞𝙣 𝙎𝙩𝙧𝙖𝙩𝙚𝙜𝙞𝙘 𝙈𝙤𝙫𝙚 Devon Energy has entered a significant phase of expansion with its recent $5 billion acquisition of Bakken oil assets from Grayson Mill Energy, highlighting a strategic shift in the energy sector. This deal, comprising $3.25 billion in cash and $1.75 billion in stock, marks Devon's commitment to enhancing its asset base amidst a wave of mergers and acquisitions sweeping across the US shale landscape. The purchase comes at a crucial time for Devon, who had faced pressures to make a substantial acquisition or risk becoming a takeover target. Analysts emphasize the necessity of this move to safeguard the company's future as industry consolidation continues to accelerate. This strategic acquisition positions Devon Energy robustly within the competitive market, ensuring its growth trajectory amid evolving industry dynamics. #Energy #OilAndGas #MergersAndAcquisitions #DevonEnergy #Bakken #USShale #IndustryNews #BusinessStrategy #EnergySector https://lnkd.in/ghmDFVbH

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U.S. and Canadian C-corps in the midstream sector performed well in August, with U.S. C-corps up an average of 4.6%. ONEOK, Inc. (OKE) rallied following the announcement that it will acquire Global Infrastructures Partners’ interest in EnLink Midstream (ENLC.N). Consolidation continues to be a major theme in the energy sector this year, shares SVP Parag Sanghani. Watch our September Energy Update for more insight: https://lnkd.in/eRceFTgH. #Midstream #Mergers #EnergyInvesting

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🔌Top 63 Energy Industry Consulting Firms🪫 Umbrex just published detailed profiles of the top 63 consulting firms in the energy industry. If you'd like access at no charge to our report, please drop a comment below 👇 Each firm's profile includes its distinctive capabilities, notable thought leadership, differentiated approach, and links to the company's website and LinkedIn company page. The report includes two lists: 1️⃣ Top global consulting firms with a strong energy practice Accenture Alvarez & Marsal Arthur D. Little Bain & Company Baringa Partners Boston Consulting Group Deloitte EY-Parthenon FTI Consulting Guidehouse Kearney KPMG L.E.K. Consulting McKinsey & Co. Oliver Wyman PA Consulting Group Roland Berger S&P Global Strategy& Wood Mackenzie 2️⃣ Top specialized energy consulting firms AFRY Argus Consulting Services Black & Veatch Management Consulting Brattle Group Burns & McDonnell Energy Consulting Concentric Energy Advisors CRA International  DNV Enerdata Energetics Energy and Environmental Economics Enertis Consulting Enverus ERM Frost & Sullivan GaffneyCline Energy Advisory Gas Strategies Jacobs Energy Consulting London Economics International Lummus Consultants International Maine Pointe Merrimack Energy Group Mott MacDonald Energy Consulting NERA Economic Consulting Nexant NMS Consulting Opportune LLP Poten & Partners Ramboll Energy Consulting Rapidan Group RBN Energy RPS Energy Consulting Rystad Energy ScottMadden Management Consultants Sia Partners Siemens Energy Consulting Solomon Associates Stratas Advisors Synapse Energy Economics UMS Group Westwood Global Energy Group Worley Xodus Group ✍️ Let me know in the comments if you'd like access ➕ Join 69K who follow me, Will Bachman, for free consulting resources ♻️ Repost if your connections may find this valuable 📞 If you're looking for an independent consultant, Umbrex can find you the right person within 48 hours. Let's chat.

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In a recent episode of the Texas Business Minds podcast, the focus is on energy. We revisit two previous CEO conversations covering two different areas of the energy industry and energy transition. #energy #texas #business #podcast

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Cipher Mining Inc. (NASDAQ: CIFR) has announced signing option agreements to acquire 1.5 GW of data center sites in West and North Texas. Key points: 🔹 3 sites, each with 500 MW targeted capacity 🔹 Option to lease or purchase 580 acres of land 🔹 Suitable for both HPC and bitcoin mining 🔹 Expands their portfolio to 2.5 GW across 10 sites Texas is emerging as the new hotspot for data center mining, and Cipher seems to be capitalizing on this trend. This move appears aimed at meeting growing demand from hyperscalers for large, quickly energized sites in strategic locations. Cipher's CEO Tyler Page noted, "These new sites give us tremendous optionality on the expansion of our HPC hosting business." Interestingly, Cipher Mining's stock price saw a notable increase following this announcement, suggesting that investors are optimistic about the company's strategic direction and Texas' potential in this sector.

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$1.2 𝘽𝙞𝙡𝙡𝙞𝙤𝙣 𝙉𝙖𝙩𝙪𝙧𝙖𝙡 𝙂𝙖𝙨 𝙋𝙞𝙥𝙚𝙡𝙞𝙣𝙚 𝘿𝙚𝙖𝙡: 𝘿𝙏 𝙈𝙞𝙙𝙨𝙩𝙧𝙚𝙖𝙢 𝘼𝙘𝙦𝙪𝙞𝙧𝙚𝙨 𝙛𝙧𝙤𝙢 𝙊𝙉𝙀𝙊𝙆 DT Midstream is expanding its footprint by acquiring three interstate natural gas pipelines from ONEOK for $1.2 billion in cash. The purchase includes Guardian Pipeline LLC, Midwestern Gas Transmission Co, and VIKING GAS TRANSMISSION C, adding 1,300 miles of pipeline with a total capacity of over 3.7 Bcf/d across seven Midwest states. Financed with $900 million in debt and $300 million in equity, the deal strengthens DT Midstream's natural gas strategy. Completion is expected by early 2025. The move aligns with ongoing consolidation in the U.S. midstream sector, with significant recent deals, including Sunoco LP's acquisition of NuStar Energy L.P.. #NaturalGas #PipelineAcquisition #MidstreamDeal #EnergyInfrastructure #GasPipelines #DTMidstream #ONEOK #MergersAndAcquisitions #EnergyIndustry https://lnkd.in/gdFD8Z_E

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DEAL ALERT Vital Energy and Northern Oil and Gas are acquiring Point Energy Partners’ Delaware Basin assets for $1.1 billion. Vital Energy will buy an 80% stake for $820 million, while Northern Oil and Gas will acquire the remaining 20% for $220 million. The assets include 16,300 net acres, producing an average of 30,000 boe/d, and are expected to enhance Vital’s inventory and financial metrics. Follow me by clicking the "FOLLOW" button on my LinkedIn Profile to keep updated with industry news and new job openings. "SHARE" this post to help expand my reach and my ability to help bring value to your network. Hiring Managers and Executives - We can help identify candidates in Engineering, Geoscience, Land, EHS, Accounting/Finance, and other positions. Please reach out and we can set up a time to talk. https://lnkd.in/gdEKYSFT

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🛢️📈Global energy markets are cruising smoothly amidst strategic shifts and nuanced market drivers. Stay fueled for success by diving into the Mid-Year Energy Market report with Petroleum VP Jeremy Peebles. ✔️Read the Full Article Here: https://lnkd.in/gYMdyYbT #Energy #MarketReview #MarketOutlook #Petroleum #Article #News #GCC #MovingForwardTogether

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In 2023, the energy sector saw a surge in M&A activity, with deal value reaching nearly $400 billion—a 50% increase from 2022. This momentum continues in 2024, with deals exceeding $150 billion by April, nearly doubling the same period in 2023. BCG’s Rebecca Fitz, Partner and Associate Director, explains the dynamics behind this surge, highlighting major acquisitions in oil and gas and significant moves in renewables and power utilities. Read the Q&A - https://lnkd.in/erAcdzYb

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Join us at the Energy Capital Conference to hear from Benjamin Dell, Founder and Managing Partner at Kimmeridge, as he discusses "Doubling Down on Oil & Gas." Dell will share insights on Kimmeridge's evolution as a #privateequity manager with an activist strategy, leading the industry's push towards capital discipline and investor returns. Learn about Kimmeridge's recent moves, including Fund VI, increased stakes in Commonwealth #LNG, and investments in nature-based #CCS with Chestnut Carbon. Discover the factors behind industry #mergers that led to Civitas and Ovintiv, and gain valuable perspectives on the future of #oilandgas financing. Don't miss this opportunity to understand where the dollars will come from in the evolving #energy landscape. Register now to secure your spot for energy industry professionals and investors at this essential session. https://lnkd.in/gaAaUqdD #ECC24 #Energy #Finance #Investing #energyindustry #conference #dallas #networking #oilandgasevents #oilandgas #energyevents #energy #financing

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Fortune magazine writes, fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is set to make a comeback. “In the past, we were more on the very cautious side and exclusionary approach,” said Chris Berkouwer, lead manager for Robeco’s Net Zero 2050 Climate Equities fund. But it’s now clear that nuclear is “an indispensable part” of eliminating GHG emissions, he said. Proponents note that running a nuclear power reactor is emissions free. And they can generate enormous levels of electricity using just small quantities of fuel, making them more efficient than other energy sources. It’s one of the reasons nuclear is the largest source of clean power in the US, France and South Korea. In the EU, heavy lobbying from France helped get nuclear into the bloc’s so-called green taxonomy back in 2022. At BlackRock Investment Institute, nuclear is regarded as part of the energy mix needed to power the vast data centers being built by the technology industry. Robert Lancastle, a portfolio manager at JO Hambro, says that without nuclear power, it’s unlikely the world will have enough energy to support the continued growth of artificial intelligence. Lancastle has held shares of uranium miner Cameco Corporation since the first quarter of 2022. The stock is up about 80% this year. Nuclear-themed Constellation Energy is up more than 50% this year. BWX Technologies is up more than 20%. NuScale Power shares have soared more than 150%. Berkouwer sees potential investment opportunities in uranium miners, equipment suppliers, companies building the so-called small modular reactors, and electric utilities where nuclear is an important part of the energy mix. But costs remain an issue, with nuclear plants often requiring billions of dollars in investments and generally taking longer to build than renewable energy facilities. That’s given nuclear “a bad reputation,” said Tal Lomnitzer, senior investment manager on the global sustainable equity team at Janus Henderson Investors. Even so, costs “can be addressed by small modular reactors,” Lomnitzer said. “Public perception can hopefully improve with assurances from governments and others.” Our Take: It's probably too much to ask that the smart money behind trillions invested in energy would have recognized, prior to now, that nuclear is a superior solution fir reducing emissions. Of course, even if they did, the politics of nuclear have been so badly misguided for so long, why would investors have bothered with such a low probability bet? Either way, this is good news. ⚛️ ♻️ 👀 #nuclear #energytransition #energy

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As an #energy #leader, it is easy to get lost in the short-term pendulum of commodity price fluctuations and public sentiment changes. My conversation with Albert Girgis on the #energythinkspod highlights his advice: Lean into the unique traits of our workforce that make us so well-suited to carry out our ambitions for the #energyfuture.    https://lnkd.in/gdNmZ93H

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Alliance Advisors' 2024 Proxy Season Review is out and overall the year has yielded positive outcomes for U.S. corporations. Read the report for an comprehensive review of governance and proxy proposals. Takeaway: Positive trends in year round shareholder engagement is a clear driver of the positive outcomes achieved by corporates. These include: - Governance Roadshows and Shareholder Engagement - Retail Engagement - Coordination between IR and Governance Teams - Shareholder Surveillance to understand both equity exposure and voting - Proactive activist investor monitoring and defense strategies Alliance Advisors drives positive outcomes for companies with our suite of IR and Governance Solutions that serve the full spectrum of small- to large-cap issuers globally. #corporategovernance #investorrelations #proxy #shareholderengagement #activism #esg

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