Sunoco LP To Acquire Fuel Distributor Offen Petroleum For ~$600M In Cash

The Zacks Analyst Blog Highlights Crescent Energy, Devon Energy, Energy Transfer, Cenovus Energy and Drilling Tools International

Energy sector M&A activity is accelerating with elevated crude prices around $90/barrel supporting strategic acquisitions. Crescent Energy is acquiring Devon Energy's Eagle Ford assets for $3.85 billion, Energy Transfer is acquiring Vaquero Midstream for $2.63 billion, Cenovus Energy is acquiring Athabasca Oil for C$5.7 billion, and Drilling Tools International is acquiring Saltire and Foxley for approximately $80 million in cash and stock. These transactions are expected to enhance operational efficiency, expand production capacity, and generate significant synergies for the acquiring companies.

Energy Transfer Expands Gas Network With $2.6 Billion Vaquero Acquisition

Energy Transfer Vaquero deal adds gas processing capacity and pipeline scale in the Delaware Basin through a $2.625 billion acquisition.

Energy Transfer Just Agreed to Buy Vaquero Midstream for $2.6 Billion. Here's What It Means for Investors.

Energy Transfer agreed to acquire Vaquero Midstream for $2.6 billion, paying nearly $2 billion in cash and issuing 33.3 million new units. The Delaware Basin-based midstream company operates a 300-mile pipeline network and gas processing complex. The deal is expected to be immediately accretive to Energy Transfer's distributable cash flow per unit and supports its 6.5% dividend yield while adding long-term growth potential in a region with growing natural gas demand.

I Keep Adding to Energy Transfer. Here's Why the Yield Isn't the Only Reason.

The author explains why Energy Transfer (ET), a major U.S. midstream pipeline company, remains an attractive investment beyond its 6.6% dividend yield. Key reasons include its tax-efficient MLP structure, exposure to growing AI and data center natural gas demand, sustainable distribution policy, and attractive valuation at 12x forward earnings with expected 14% CAGR growth through 2028.

Shares of oil and gas-related companies are trading lower amid crude price declines after reports suggesting that President Trump may meet with Iranian President Pezeshkian in New York. Also, reports suggest Trump declined to attack Yemen's Houthi rebels on behalf of Saudi Arabia, which may be seen as a de-escalation.

Sunrun, Tesla Fleets Of Home Batteries Provided 580 Megawatts Of Peak Power In California On Sept. 9

Sunrun (Nasdaq: RUN) and Tesla (NASDAQ:TSLA) announced today that the companies’ fleets of home batteries dispatched more than 580 megawatts of peak power to California’s grid on the evening of September 9, 2026. The