Jan. 23—SOUTHERN INDIANA — As state leaders debate the topic of school district consolidation, several Southern Indiana superintendents are emphasizing the advantages of smaller school districts. The Indiana Chamber of Commerce has long advocated for lawmakers to consider incentives for the consolidation of school districts with fewer than 2,000 students. The chamber commissioned a recent […]
Chesapeake Energy (CHK) and Southwestern Energy (SWN) announced Thursday they have agreed to merge in a $7.4 billion deal, marking a major consolidation in the U.S. natural gas sector. SWN stock sank early Thursday while CHK angled slightly lower. X The merger is an all-stock transaction valued at $6.69 per share, based on Chesapeake’s closing […]
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’ high stock prices to secure lower-cost reserves and prepare for the next upheaval in an industry likely to undergo more consolidation. A surge in oil demand as world economies shook off […]
Energy industry consolidation ramped up at the tail-end of 2023, lending a rising sense of urgency to ownership of U.S. shale oil supplies. Exxon Mobil (XOM) and Warren Buffett-backed Chevron (CVX) and Occidental Petroleum (OXY) all made hefty acquisitions to shore up production, primarily in the U.S. All eyes are now trained on the resource-rich […]