Burlington Resources - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Burlington Resources M&A Summary

Burlington Resources has acquired 2 companies of its own. It has also divested 4 assets.

Burlington Resources’ largest acquisition to date was in 2001, when it acquired Canadian Hunter Explorations for $2.1B. It’s largest disclosed sale occurred in 2017, when it sold Forge Energy to Chord Energy for $946M. Burlington Resources has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include oil/gas exploration (100%).

Burlington Resources Ownership

Who owns Burlington Resources?

Burlington Resources is owned by ConocoPhillips. It was acquired on December 13, 2005.

Burlington Resources Business Overview

Where is Burlington Resources headquartered?

Burlington Resources is headquartered in Houston, Texas.

What sector is Burlington Resources in?

Burlington Resources is an oil/gas exploration company.

When was Burlington Resources founded?

Burlington Resources was founded in 1988.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity2
    • M&A Sell Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Burlington Resources

Houston, Texas
United States,

Burlington Resources was an oil/gas exploration company spun off of Burlington Northern Railroad in 1988.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $2.1B $2.1B
Sell (0.0/yr) # 3 - - - - - 3
vol $946M $946M
  5

Most Recent M&A

Company Date Value Type
Forge Energy LLC 2017-12-11 946M USD Trade Sale
San Antonio, Texas · www.forgenergy.com
Forge Energy LLC 2011-07-01 - Growth Capital
San Antonio, Texas · www.forgenergy.com
Canadian Hunter Explorations Ltd. 2001-10-09 2.1B USD Add-on Acquisition
Calgary, Alberta
El Paso Corporation 1991-12-05 - Spin Off
Houston, Texas
Plum Creek Timber Co., Inc. 1989-06-08 - Spin Off
Seattle, Washington · www.plumcreek.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (100%) 2.1B (100%) 2 (67%) 946M (100%)
Forest Products - - 1 (33%) -
Total 2 $2.1B 3 $946M

By Geo

State/Country Buy Value Sell Value
United States 1 - 3 946M
  Texas 1 - 2 946M
  Washington - - 1 -
Canada 1 2.1B - -
  Alberta 1 2.1B - -
Domestic 1 (50%) - 3 (100%) 946M (100%)
Cross-border 1 (50%) 2.1B (100%) - -
Total 2 $2.1B 3 $946M

Deal Values

buy # Total
> $1B 1 $2.1B
TOTAL $2.1B
Largest Canadian Hunter Explorations Ltd.
$2.1B (2001-10-09)
sell # Total
$100M to $1B 1 $946M
TOTAL $946M
Largest Forge Energy LLC
$946M (2017-12-11)

M&A Connections

Deals
Divested to
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Oil/Gas Exploration

Established

1988

 Subscribe to unlock this and 201,882
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  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 Burlington Resources

Texas Companies , Oil/Gas Exploration Companies , United States Companies , Texas Oil/Gas Exploration Companies , Texas Oil/Gas Exploration with Acquisitions , Texas Oil/Gas Exploration with Divestitures

Related Lists for Texas Companies

Largest Texas Companies , Acquisitive Texas Companies , Recently Acquired Texas Companies , Recently Sold Texas Companies , Private Texas Companies , Public Texas Companies , Acquired Texas Companies , PE Backed Texas 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 United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal