Citadel Investments Targets U.S. Shale Assets as Oil Trading Shifts Closer to Production

Investment firm Citadel is actively pursuing acquisitions of U.S. oil production assets, reflecting a strategic pivot in energy trading toward wellhead-level operations.

5 Sept, 21:30 — 5 Sept, 21:30

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zerohedgeLow21h ago

Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead

Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead Authored by Julianne Geiger via OilPrice.com, 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. W...

By Tyler Durden

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Citadel Investments Targets U.S. Shale Assets as Oil Trading Shifts Closer to Production

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Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead

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