Exclusive-Hedge Fund Giant Citadel Seeking to Buy US Shale Oil Production Assets, Sources Say
The hedge fund is weighing a move into physical oil output as elevated crude prices and supply disruptions make production assets more attractive.
8 Articles
8 Articles
Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead
Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer for $4.06 billion. Reuters reported Friday that the hedge fund and commodities trader has held talks with several private-equity owners of oil-weighted exploration and production companies in recent weeks. WildFire would have given Citadel roughly 53,000 barrels of oil equivalent per day…
Citadel Seeks to Buy US Shale Oil Production Assets
Citadel Seeks to Buy US Shale Oil Production Assets
Exclusive-Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say
By David French NEW YORK, Sept 4 (Reuters) - Citadel has held talks to buy U.S. oil production assets, as the hedge fund and commodities trader considers expanding further into owning physical assets, five people familiar with the matter said. The firm...
Citadel seeks to acquire US shale oil production assets
Citadel is pursuing US shale oil production assets after spending $1.4 billion on natural gas deals, bidding for WildFire Energy in the Eagle
Citadel, one of the world's largest hedge funds and commodity traders, founded by Billionaire Ken Griffin, has conducted a series of acquisition negotiations...
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