M & A

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Fraser921
Posts: 2953
Joined: Mon Mar 22, 2021 11:48 am

M & A

Post by Fraser921 »

Should someone make a run at Callon (CPE). Incredibility cheap

We have CLR in play.
I think something happens with OXY.
Who is cheap enough to buy if you are an upstream company?
Would Team Biden approve?

Should consolidation happen with smaller Permian players?

https://www.youtube.com/watch?v=jdCPh7bYoqw
dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

Re: M & A

Post by dan_s »

I think we will see someone step up to raise the bid on CLR.

I think we will see more private companies get rolled up. Examples are Earthstone's strategy, CDEV (which is being added to our Small-Cap Growth Portfolio) and what created STR.
Dan Steffens
Energy Prospectus Group
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