Express News | Northern Oil and Gas Inc : Piper Sandler Raises Target Price to $45 From $43

Breakings7minutes ago

sm energy (SM.US) agreed to invest $2 billion to acquire 80% of XCL's assets in the csi resource 80 index.

According to Zhītōng Cáijīng, SM Energy (SM.US) said on Thursday that it has agreed to participate in the acquisition of oil and gas assets in the Uinta Basin of Utah from XCL Resources. XCL Resources is a privately held company backed by EnCap Investments and Rice Investment Group. Northern Oil and Gas (NOG.US) will acquire 20% of XCL's oil and gas assets for $510 million in cash, while SM Energy will obtain the indivisible right and interest of 80% of these assets.

Zhitong Finance32minutes ago

Express News | SM Energy: Approved 11% Increase in Quarterly Dividend Policy to $0.20 per Share

Breakings19:04

SM Energy Plans to Finance the Acquisition Through a Combination of Debt and Cash on Hand >SM

SM Energy Plans to Finance the Acquisition Through a Combination of Debt and Cash on Hand >SM

Dow Jones19:04

SM Energy Intends to Serve as the Operator of the Assets Currently Operated by XCL >SM

SM Energy Intends to Serve as the Operator of the Assets Currently Operated by XCL >SM

Dow Jones19:04

Northern Oil: Transaction Expected to Close in Late Q3 or Early Q4 >NOG

Northern Oil: Transaction Expected to Close in Late Q3 or Early Q4 >NOG

Dow Jones19:03