M&A Deal Summary |
|
|---|---|
| Date | 2016-05-25 |
| Target | WPX Energy - Natural Gas Transportation Capacity |
| Sector | Energy Services and Equipment |
| Buyer(s) | Citadel |
| Sellers(s) | WPX Energy |
| Deal Type | Divestiture |
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Citadel is a leading investor in the world’s major financial markets. In markets around the world, It work relentlessly to uncover and capture new opportunities. Across a diverse range of investment strategies, we deploy our capital with the goal of generating consistently high risk-adjusted investment results for our investors and capital partners.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-29 |
Omnium
Chicago, Illinois, United States Omnium provides world-class, technology-driven fund administration and reporting services to hedge funds and financial institutions that operate across a broad spectrum of investment strategies.With more than $25 billion in assets under administration, |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-13 |
FlexPower
Hamburg, Germany FlexPower is a power trading firm that specializes in trading and risk management solutions for renewable generators (“Upgrid”), flexibility providers such as battery operators (“Flexgrid”), and commercial and industrial offtakers (“Downgrid”). The firm leverages its expertise to help businesses navigate electricity price volatility. The company trades a portfolio of more than 1,700 megawatts across six European countries, amounting to over 11 terawatt-hours placed annually on short-term power markets. FlexPower was formed in 2022 and is based in Hamburg, Germany. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Oil/Gas Exploration |
| Employees | 590 |
| Revenue | 2.4B USD (2019) |
WPX Energy is an exploration and production company focused on developing its significant natural gas, natural gas liquids, and oil reserves, particularly in the Piceance Basin, Bakken Shale, and Marcellus Shale. WPX Energy was founded in 1983 and is based in Tulsa, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Energy Services and Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-09 |
WPX Energy Rocky Mountain
Denver, Colorado, United States WPX Energy Rocky Mountain LLC is a operator of federal, state, and private oil and gas leases, wells, and associated facilities. |
Sell | - |