Category: M&A

Virginia’s $67B Dominion-NextEra Merger Faces Rate Freeze Demands, Staff Rejection Call Ahead of Nov. 17 Hearing

Clark Savage8

Virginia’s State Corporation Commission (SCC) is set to scrutinize NextEra Energy’s proposed roughly $67 billion all-stock acquisition of Dominion Energy in an evidentiary hearing beginning November 17, with a decision deadline in mid-January 2027. The deal, announced in May 2026, would create one of the largest regulated U.S. electric utilities, serving about 10 million customer […]

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Will SpaceX and Tesla Merge, and If So, When?

Clark Savage33

An Energy News Beat Channel Analysis Elon Musk’s two flagship companies have moved from informal collaboration into formal merger exploration. On October 20, 2026, during SpaceX’s Q3 earnings call, Musk confirmed that special committees of independent directors have been formed at both SpaceX and Tesla at the request of shareholders to evaluate a combination.⁠Ars Technica […]

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Diversified Energy is buying Elliott-backed Birch Permian Holdings for about $1.8 billion, its largest deal in 25 years, and using Carlyle-backed asset-backed securities to scale a PDP platform in the Midland Basin without a large equity raise.

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The transaction, announced September 2, 2026, is expected to close in the fourth quarter of 2026, subject to customary conditions and a $50 million break fee. It expands Diversified Energy Company (NYSE/LSE: DEC) from a multi-basin PDP consolidator into a scaled, operated Permian producer with integrated midstream and water infrastructure. Deal structureGross purchase price is […]

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Evolution Petroleum Corporation (NYSE American: EPM) is expanding its mineral and royalty platform with a strategic acquisition of core Midland Basin interests, marking its largest liquids-weighted royalty addition to date and its first meaningful Permian position.

Clark Savage145

On August 18, 2026, Evolution announced a definitive agreement to acquire mineral, royalty, and overriding royalty interests spanning approximately 3,420 net royalty acres (NRA) across 152 tracts in Reagan, Upton, Glasscock, Midland, and Martin Counties, Texas, from a non-affiliated private seller. The purchase price is approximately $16 million in cash, subject to customary adjustments. The […]

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Expand Energy Buys Twin Eagle to Gain Market Access in $1.25B Deal

Clark Savage248

  Expand Energy Corporation (NASDAQ: EXE), North America’s largest natural gas producer, announced on July 27, 2026, that it has agreed to acquire Twin Eagle Holdings, N.A., LLC, a leading private asset-backed natural gas marketing and optimization business, for $1.25 billion from Five Point Infrastructure. The deal, subject to customary adjustments, closing conditions, and regulatory […]

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Northern Oil and Gas Reaches First Deal for Canadian Energy Assets – Strategic Duvernay Entry Strengthens Scale, Diversification, and Long-Term Inventory

Clark Savage193

Northern Oil and Gas, Inc. (NYSE: NOG) has taken a significant step into Canada with its first international acquisition. The company announced on May 26, 2026, that it has agreed to acquire a 25% undivided non-operated interest in light-oil producing properties and substantial undeveloped acreage in Alberta’s Duvernay Shale from Parallax Energy Operating Inc. This […]

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NextEra Energy is possibly in Discussions to Acquire Dominion Energy: What does this mean for Consumers and Investors?

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In a development that could reshape the U.S. utility landscape, Florida-based NextEra Energy Inc. is reportedly in advanced discussions to acquire Virginia-based Dominion Energy Inc. in a deal structured primarily as a stock transaction. According to sources familiar with the matter, a formal announcement could come as early as Monday, May 18, 2026, though the […]

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