Blog Archives

Oil’s Trick or Treat: Mergers and the Essence of Legacy – A Reflection on Recent Energy Consolidations

November 3, 2023
Posted in Tank Blog
By Ernie Barsamian

The energy industry was certainly served a platter of trick or treat this month with a couple of colossal mergers in the oil patch. First, ExxonMobil and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion. Next, Chevron said “hold my beer” and last […]

Post Tagged with : M&A

Middle East Tragedy and Energy Market Turbulence: ExxonMobil Megadeal, New Entrants, and the Importance of Physical Trading

October 12, 2023
Posted in Tank Blog
By Ernie Barsamian

It is impossible to contextualize the horror and tragedy of the terrorist attacks in the Middle East over the weekend. Although sanity and reason tend to normalize our moral compass, history tells us that the fabric of our being contains unsettling forces that has led to bloodshed and war over and over again for the past […]

Post Tagged with : M&A, WTI