M&A Deal Summary |
|
---|---|
Date | 2023-09-13 |
Target | Magnum Energy |
Sector | Energy Services and Equipment |
Buyer(s) | Chevron |
Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1879 |
Sector | Oil/Gas Exploration |
Employees | 45,600 |
Revenue | 196.9B USD (2023) |
Chevron is a fully integrated energy company. Its business includes petroleum operations, chemicals, mining operations, power generation and energy services. Chevron's exploration and production operations consists of exploration, development and production of crude oil and natural gas. Chevron was incorporated in 1879 and is based in San Ramon, California.
DEAL STATS | # |
---|---|
Overall | 18 of 19 |
Sector (Energy Services and Equipment) | 3 of 3 |
Type (Add-on Acquisition) | 8 of 9 |
State (Utah) | 2 of 2 |
Country (United States) | 15 of 16 |
Year (2023) | 3 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-09-12 |
ACES Delta
Delta, Utah, United States ACES Delta is a joint venture between Mitsubishi Power and Magnum Development. ACES Delta is developing the Advanced Clean Energy Storage project in Delta, Utah. The Advanced Clean Energy Storage project plans to use electrolysis to convert renewable energy into hydrogen and will utilize solution-mined salt caverns for seasonal, dispatchable storage of the energy. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-10-23 |
Hess
New York, New York, United States Hess is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products. Hess was founded in 1920 and is based in New York, New York. |
Buy | $60.0B |