Oil & Gas Report Q1 2017
50 45 40 Financial 43 35 8% 30 25 20 15 10 13 5 12 11 1 Strategic - 92% Midstream Oil & Refining & Equipment & Exploration & Integrated Oil & Gas Marketing Services Production Gas Amount TEV/ TEV/ Date Target Buyer(s) Segment ($ in Mil) Rev EBITDA 1/17/2017 Bass (Permian Basin Oil Fields) XTO Energy, Inc.; Exxon Mobil Corp. Exploration & Production $6,600.00 - - 1/25/2017 WGL Holdings, Inc. AltaGas Ltd. Refining & Marketing 6,584.28 2.73x 15.16x 1/4/2017 DCP Midstream LLC DCP Midsteam Partners LP Integrated Oil & Gas 3,816.27 0.55x 8.00x 3/6/2017 Motiva Enterprises LLC Government of Saudi Arabia; Saudi Refining & Marketing 2,900.00 - - Refining, Inc. 2/7/2017 Double Eagle Energy Permian Operating LLC Parsley Energy LLC Exploration & Production 2,740.32 - - 1/16/2017 Clayton Williams Energy, Inc. (Delaware) Noble Energy, Inc. Exploration & Production 2,671.61 16.09x 43.13x 1/12/2017 Anadarko Petroleum Corp. (Western Eagle Ford Sanchez Energy Corp.; Blackstone Exploration & Production 2,300.00 - - Assets) Corporate Private Equity; The Blackstone 3/1/2017 Marathon Petroleum Corp. (3 Subsidiaries) MPLXGroup LPLP; Anadarko Petroleum Corp. Midstream Oil & Gas 2,015.00 - - 1/27/2017 Midcoast Energy Partners LP Enbridge Energy Co., Inc. Refining & Marketing 936.88 0.48x 16.21x Strategic Buyer Inv. Date Select Corporate Acquisitions Parsley Energy LLC 2/7/2017 ▪ Double Eagle Energy Permian Operating LLC (Subs (3)) 8/15/2016 ▪ Undeveloped Acreage And Producing Oil And Gas Properties In Glasscock County 5/23/2016 ▪ 30,000 Acres Mineral Rights In Pecos And Reeves Counties 5/23/2016 ▪ 885 Net Acres in Pecos and Reeves Counties 4/4/2016 ▪ Riverbend Permian, LLC (8,800 Gross Acres) Ferrellgas Partners LP 3/15/2017 ▪ Valley Center Propane 12/18/2015 ▪ Gasco Energy Supply, LLC 6/1/2015 ▪ Bridger Logistics, LLC 7/1/2014 ▪ Wise Choice Propane, LLC 5/5/2014 ▪ Viking Propane, Inc.
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