QEP News and Press, QEP Resources Inc. From 12/28/20

The management team at Diamondback Energy announced two acquisitions on December 21st. The acquisition of QEP Resources and of assets from Guidon Energy collectively look to be a bargain for shareholders. QEP's investors, sadly, are leaving a lot of value on the table, but the com...

Merger activity remained steady last week with seven new deals announced. The acquisition of RealPage by Thoma Bravo. The acquisition of QEP Resources by Diamondback Energy. For further details see: Merger Arbitrage Mondays: Deal-Making In 2020 Ends With A Bang

Vermilion Energy is one of the few independent E&Ps that is very well diversified around the world. The company's production is roughly evenly split between oil and gas, which has proven to be an advantage this year. The company has been highly focused on generating free cash ...

Some oil companies avoid mergers and acquisitions (M&A) because they're often costly and can destroy shareholder value. However, for Diamondback Energy (NASDAQ: FANG) , "M&A activity is as fundamental ... as the air that we breathe," according ...

Diamondback Energy's ([[FANG]] -1.9%) two deals today to buy two rivals for a combined $3.2B including debt is "a realization among small producers how difficult it is to deliver on returns expectations," Enverus M&A analyst Andrew Dittmar says.Sellers are having to accept low or no premi...

uniQure (QURE) -18% after the FDA clinical hold on its hemophilia B gene therapy program, including the pivotal, Phase 3 HOPE-B study.MingZhu Logistics Holdings Limited (YGMZ) -11%.CYREN (CYRN) -13%.Transocean (RIG) -11%.The9 (NCTY) -11%.DBV Technologies (DBVT) -11%.FibroG...

Diamondback Energy (FANG) agrees to acquire QEP Resources (QEP) in an all-stock deal valued at ~$2.2B, including QEP's $1.6B net debt as of Sept. 30.Consideration will consist of 0.05 shares of Diamondback common stock for each QEP shares, representing an implied value to each QEP stockholder...

MIDLAND, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and QEP Resources (NYSE: QEP) (“QEP”) today announced that they have entered into a definitive agreement under which Diamondba...

Antero Resources (AR) +6.6% pre-market after J.P. Morgan upgrades shares by two notches to Overweight from Underweight with a $6 price target, "largely driven by our constructive macro call on NGLs, specifically C3+ liquids pricing."Antero Resources is uniquely positioned to take advantage of...

Gainers: Ferroglobe (GSM) +21%. Nexa Resources (NEXA) +14%. Oasis Midstream Partners (OMP) +12%. Geospace Technologies (GEOS) +9%. QEP Resources (QEP) +9%.Losers: Golar LNG (GLNG) -9%. Peabody Energy (BTU) -8%. Aluminum Corporation of China (ACH)&#...