New Times Energy - M&A Summary and Business Overview

Oil/gas ExplorationCompany

New Times Energy M&A Summary

New Times Energy has acquired 11 companies.

New Times Energy’s largest acquisition to date was in 2013, when it acquired The Palmar Largo JV for $13M. New Times Energy has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include oil/gas exploration (100%).

New Times Energy Business Overview

Where is New Times Energy headquartered?

New Times Energy is headquartered in Hong Kong, China.

What is New Times Energy’s revenue?

New Times Energy disclosed revenue of 11,167M HKD for 2021 and 5,035M HKD for 2020.

How many employees does New Times Energy have?

New Times Energy has 99 employees.

What sector is New Times Energy in?

New Times Energy is an oil/gas exploration company.

M&A Summary

M&A Total Activity11
- M&A Buy Activity11
Total Sectors Invested 1
Total Countries Invested 4
M&A Buy/Sell Connections 3

New Times Energy Corp.

New Times Energy Corp., Ltd.

New World Tower I 14th Floor Room 1402 16-18 Queen's Road,
Hong Kong,
China,
+852 3106 2061
www.nt-energy.com

New Times Energy Corp. is an integrated natural resources company engaged in the acquisition, development and operation of oil & gas projects in Argentina, the U.S and China. New Times Energy Corp. is based in Hong Kong, China.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.0/yr)	#	11	-	-	-	-	-	11
Buy (0.0/yr)	vol	$40M						$40M
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								11

Most Recent M&A

Company	Date	Value	Type
The Palmar Largo JV	2013-11-19	13M USD	Stake Purchase
, Argentina
LNG Project	2012-11-13	13M CNY	Add-on Acquisition
Liupanshui City, China
Tiger Energy Operating LLC	2012-10-08	-	Divestiture
, Utah
Tiger Energy Partners Utah Acq.,LLC	2012-10-08	7M HKD	Add-on Acquisition
, Utah
Valle de Lerma Concession	2012-08-01	7M HKD	Stake Purchase
, Argentina
Selva Maria Concession	2012-05-16	-	Stake Purchase
, Argentina
San Salvador Concession	2012-05-16	-	Stake Purchase
, Argentina
Libertador Concession	2012-05-16	-	Stake Purchase
, Argentina
Novastar Ltd.	2011-01-07	-	Joint Venture
, Virgin Islands (British)
Tartagal Concession	2009-05-04	-	Stake Purchase
, Argentina
View All >>

Business Unit M&A

Company	Acquired	Add-On/Sale	Date	#
Tiger Energy Partners Utah Acq.,LLC	2012-10-08	Tiger Energy Operating LLC	2012-10-08	1
, Utah		, Utah

M&A by Sector

Sector		Buy #	Value	Sell #	Value
Oil/Gas Exploration		11 (100%)	40M (100%)	-	-
Total		11	$40M	-	-

By Geo

State/Country		Buy	Value	Sell	Value
Argentina		7	20M	-	-
United States		2	7M	-	-
	Utah	2	7M	-	-
China		1	13M	-	-
Virgin Islands (British)		1	-	-	-
Domestic		1 (9%)	13M (31%)	-	-
Cross-border		10 (91%)	27M (69%)	-	-
Total		11	$40M	-	-

Deal Values

buy	#	Total
< $100M	4	$40M
TOTAL		$40M
Largest	The Palmar Largo JV $13M (2013-11-19)

M&A Connections

		Deals
Acquired from
Strategic(s)	55%	6 (55%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

11,167 122%	2021
5,035 2025%	2020
237 21%	2019
298 4%	2018
288	2017
69 23%	2015
89 73%	2014
323	2013
(millions of HKD)	Show More Show Less

Employees

Public

Hong Kong (SEHK): 166

Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.5K Private Equity Firms
193K M&A Transactions
197K Companies Involved in M&A
(Buyer, Seller, or Target)
3.6K M&A Advisors
(Investment Banks and Law Firms)
75K M&A Contacts
(PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for New Times Energy

Oil/Gas Exploration Companies , China Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for China Companies

Largest China Companies , Acquisitive China Companies , Recently Acquired China Companies , Recently Sold China Companies , Private China Companies , Public China Companies , Acquired China Companies , PE Backed China Companies

New Times Energy - M&A Summary and Business Overview

Oil/gas ExplorationCompany