Professional M&A intelligence for the energy transition
SLB acquired ChampionX in a $7.75B all-stock deal, strengthening its position in the production phase of oil & gas operations with world-class production chemicals and artificial lift technologies.
ProFrac Holding completed the acquisition of U.S. Well Services in a stock-and-cash transaction valued at approximately $316 million.
ProPetro Holding Corp. acquired Par Five Energy Services, adding cementing services to ProPetro's hydraulic fracturing and wireline offering in the Permian Basin and increasing its addressable market with existing Permian customers.
Liberty Energy acquired PropX, a provider of last-mile proppant delivery solutions and proprietary container-based logistics technology used in U.S. land hydraulic fracturing operations. The acquisition vertically integrates proppant delivery into Liberty's frac services offering.
Patterson-UTI Energy completed its all-stock merger with NexTier Oilfield Solutions, creating a U.S. provider of drilling and well completion services. The combined company continues to operate under the Patterson-UTI Energy name and trades on NASDAQ under PTEN, with headquarters in Houston. The merger expands the company's operational scale, combining 172 super-spec drilling rigs and about […]