Plains Exploration & Production - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Plains Exploration & Production M&A Summary

Plains Exploration & Production has acquired 3 companies of its own. A total of 2 acquisitions came from private equity firms.

Plains Exploration & Production’s largest acquisition to date was in 2007, when it acquired Laramie Energy for $1.0B. Plains Exploration & Production has acquired in 2 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

Plains Exploration & Production Ownership

Who owns Plains Exploration & Production?

Plains Exploration & Production is owned by Freeport-McMoRan. It was acquired on May 31, 2013.

Plains Exploration & Production Business Overview

Where is Plains Exploration & Production headquartered?

Plains Exploration & Production is headquartered in Houston, Texas.

How many employees does Plains Exploration & Production have?

Plains Exploration & Production has 900 employees.

What sector is Plains Exploration & Production in?

Plains Exploration & Production is an oil/gas exploration company.

When was Plains Exploration & Production founded?

Plains Exploration & Production was founded in 2002.

M&A Summary

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

Plains Exploration & Production Co.

700 Milam Street, Suite 3100,
Houston, Texas 77002
United States,
(713)579-6000
www.pxp.com

Plains Exploration & Production Company provides U.S.-based oil and gas assets.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $1.0B $1.0B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
The Lucius oil field 2010-12-29 - Stake Purchase
, United States
Laramie Energy LLC 2007-04-18 1.0B USD Add-on Acquisition
Denver, Colorado · www.laramie-energy.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (100%) 1.0B (100%) - -
Total 2 $1.0B - -

By Geo

State/Country Buy Value Sell Value
United States 2 1.0B - -
  Colorado 1 1.0B - -
Total 2 $1.0B - -

Deal Values

buy # Total
> $1B 1 $1.0B
TOTAL $1.0B
Largest Laramie Energy LLC
$1.0B (2007-04-18)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)

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