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 35 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 9 acquisitions by private equity firms, and 36 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%)

 Subscribe to unlock this and 208,055
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

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
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.