- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Energy M&A, who's getting who?
Posted on 11/12/15 at 9:08 pm to GREENHEAD22
Posted on 11/12/15 at 9:08 pm to GREENHEAD22
I can't imagine it being any of the majors to make a move excluding XOM. RDS has a lot of obligations to meet with the BG deal, Chevron is having some delays with major projects, and BP is BP.
Posted on 11/16/15 at 8:26 am to GoldenD
The targets will be companies who have proven reserves that cannot be produced profitably at current market prices, and suffer from negative cash flows. There are likely many publicly traded partnerships that will be gobbled up on the cheap that won't require as much due diligence and/or regulatory review that will be the first targets.
This is just my guess as an industry outsider with some experience analyzing PTP investments for clients. Many of the ones I've seen are very thinly capitalized and operate on very thin margins.
This is just my guess as an industry outsider with some experience analyzing PTP investments for clients. Many of the ones I've seen are very thinly capitalized and operate on very thin margins.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)