M&A Deal Summary |
|
|---|---|
| Date | 2024-12-05 |
| Target | Apex Energy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | CNX |
| Sellers(s) | Carnelian Energy Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 505M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1860 |
| Sector | Oil/Gas Exploration |
| Employees | 458 |
| Revenue | 1.4B USD (2024) |
CNX is an independent oil and gas exploration and production company with operations centered in the Appalachian Basin. Embodying a renowned spirit of innovation, we're pioneering a new tomorrow through technological advancements in shale gas exploration and production in the most prolific natural gas basin in the world. Like few other companies can, we're drawing on our proud past while embracing fresh thinking and leveraging the ingenuity of our people to, once again, forge a new energy future for the Pittsburgh region and beyond. CNX was founded in 1860 and is based in Canonsburg, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-27 |
CNX Midstream Partners
Canonsburg, Pennsylvania, United States CNX Midstream Partners LP is a master limited partnership that owns, operates, develops and acquires gathering and other midstream energy assets to service natural gas production in the Appalachian Basin in Pennsylvania and West Virginia. CNXM's assets include natural gas gathering pipelines and compression and dehydration facilities, as well as condensate gathering, collection, separation and stabilization facilities. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Focused |
Carnelian Energy Capital is a private investment firm focused on the North American upstream, midstream, and oilfield services sectors of the energy sector. Carnelian Energy Capital was established in 2015 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Oil/Gas Exploration M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-24 |
Zavanna
Denver, Colorado, United States Zavanna is an independent exploration and production company. Zavanna is based in Denver, Colorado. |
Buy | - |
