Parsley Energy Acquires Jagged Peak Energy

Pioneer Natural Resources Acquires Parsley Energy

October 19, 2020

Oil & Gas

Pioneer Natural Resources will acquire all outstanding shares of Parsley Energy in an all-stock transaction valued at approximately $4.5 billion (approximately $7.6 billion including assumed debt). The deal, which offers Parsley shareholders 0.1252 shares of Pioneer per Parsley share, is expected to deliver about $325 million of annual synergies and expand Pioneer's scale and asset base in the Permian Basin; closing is subject to customary approvals.

Phillips 66 Acquires Pinnacle Midstream from Energy Spectrum Capital

May 20, 2024

Energy

Phillips 66 has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle Midstream II) from private equity firm Energy Spectrum Capital for $550 million to expand its natural gas gathering and processing footprint in the Midland Basin. The assets include the Dos Picos 220 MMcf/d processing plant, ~80 miles of gathering pipeline and 50,000 dedicated acres; the deal is expected to close mid‑2024 subject to customary conditions, including HSR clearance.

ePlus Acquires Certain Assets of PEAK Resources, Inc.

January 30, 2024

IT Services

ePlus inc. acquired certain assets and liabilities of Denver-based PEAK Resources, Inc., closing on January 26, 2024. The asset purchase expands ePlus' engineering, sales, and services delivery capabilities in the Mountain West region; financial terms were not disclosed.

Baytex Energy Acquires Ranger Oil Corporation

June 20, 2023

Energy

Baytex Energy Corp. completed the acquisition (the Merger) of Ranger Oil Corporation, materially increasing Baytex's operated footprint in the Eagle Ford and expanding its North American oil-weighted asset base. The transaction enhances Baytex's development inventory and free cash flow profile, enabling increased shareholder returns and the introduction of a dividend.

JLL to Acquire Javelin Capital to Expand U.S. Clean Energy Investment Banking Capabilities

March 24, 2025

Financial Services

JLL announced it has reached an agreement to acquire Javelin Capital, a North America-based renewable energy investment banking firm. The deal is expected to close shortly, subject to regulatory approvals and customary closing conditions, and is intended to expand JLL’s U.S. Energy & Infrastructure Capital Markets capabilities in the clean energy transition.

Chevron Acquires PDC Energy in $6.3 Billion All-Stock Transaction

August 7, 2023

Oil & Gas

Chevron Corporation agreed to acquire all outstanding shares of PDC Energy, Inc. in an all-stock transaction valued at $6.3 billion. The deal adds PDC’s oil and gas assets—275,000 net acres in the Denver-Julesburg (DJ) Basin and 25,000 net acres in the Permian Basin—to strengthen Chevron’s position in key U.S. production basins. Chevron later announced the acquisition was completed after PDC shareholder approval.