Tug Hill - Ownership and Business Overview

Oil/gas ExplorationCompany

Tug Hill Ownership

Who owns Tug Hill?

Tug Hill is owned by EQT. It was acquired on August 16, 2023.

Was Tug Hill formerly PE-backed?

Yes. Tug Hill was formerly owned by 1 private investor.

Tug Hill Business Overview

Where is Tug Hill headquartered?

Tug Hill is headquartered in Fort Worth, Texas.

What sector is Tug Hill in?

Tug Hill is an oil/gas exploration company.

When was Tug Hill founded?

Tug Hill was founded in 2007.

Oil/gas Exploration M&A Summary in 2023

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 36 in number of deals in 2023. The largest oil/gas exploration acquisition in 2023 was Pioneer Natural Resources - which was acquired by Exxon Mobil for $64.5B.

Join Mergr to view all 45 acquisitions of oil/gas exploration companies in 2023, including 8 acquisitions by private equity firms, and 37 by strategics.

Tug Hill

Tug Hill, Inc.

550 Bailey Avenue, Suite 510,
Fort Worth, Texas 76107
United States,
(817) 632-3400
www.tughilloperating.com

Tug Hill is an oil and gas operating company focused on the acquisition, development and exploitation of unconventional gas and liquids-rich assets in the Appalachian Basin, with an emphasis on the Marcellus and Utica/Point Pleasant formations in West Virginia and Southwest Pennsylvania. Tug Hill was founded in 2007 and is based in Fort Worth, Texas with offices in Canonsburg, PA and Boulder, CO.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
  1

Most Recent M&A

Company Date Value Type
Marcellus Shale Acreage 2011-05-04 - Divestiture
, New York
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
United States - - 1 -
  New York - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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