Falcon Minerals and Desert Peak Minerals to Combine in $1.9 Billion All-Stock Merger Creating Sitio Royalties

Sitio Royalties Corp and Brigham Minerals to Merge in $4.8 Billion All-Stock Deal

September 6, 2022

Energy

Sitio Royalties Corp. and Brigham Minerals, Inc. entered into a definitive all-stock merger agreement valued at approximately $4.8 billion. The combined company is expected to be a premier consolidator of oil and gas mineral and royalty interests, with headquarters in Denver, Colorado and anticipated cost synergies.

Sitio Royalties Acquires Permian Basin NRAs from Foundation Minerals; Agrees to Buy NRAs from Momentum Minerals

June 27, 2022

Oil & Gas

Sitio Royalties Corp. completed the acquisition of over 19,700 net royalty acres in the Permian Basin from Foundation Minerals for approximately $323 million and signed a definitive agreement to acquire over 12,200 NRAs from Momentum Minerals for approximately $224 million (expected to close in Q3 2022). The transactions expand Sitio's Permian footprint, are accretive to cash flow per share, and were funded with debt facilities and hedges to protect near-term cash flows.

Sitio Royalties Schedules Earnings Amid Pending Merger with Viper Energy

July 11, 2025

Oil & Gas

Sitio Royalties Corp. said it will report its second-quarter 2025 results on Aug. 6, 2025 (later revised to Aug. 4, 2025). The company will not host a conference call because it has a pending merger with Viper Energy, Inc.

SilverBow Resources Acquires Assets of Sundance Energy and SandPoint Resources

April 14, 2022

Energy

SilverBow Resources agreed to acquire substantially all assets of Sundance Energy for approximately $354 million (plus up to $15 million contingent) and certain assets from SandPoint Resources for $71 million. The transactions — expected to close in mid/late 2022 — expand SilverBow's Eagle Ford footprint by roughly 39,000 net acres (plus SandPoint acreage), materially increase production and free cash flow, and create near-term synergies from contiguous acreage.

Devon Energy to Merge with Coterra Energy in $21.4B All-Stock Deal

January 31, 2026

Oil & Gas

Devon Energy and Coterra Energy have signed a definitive all-stock agreement to merge, creating a premier Delaware Basin–anchored shale operator. The deal will exchange 0.70 shares of Devon common stock for each share of Coterra, and is expected to close in the second quarter of 2026 subject to regulatory and shareholder approvals.

Piedmont Lithium and Sayona Mining Merge to Create Elevra Lithium

August 29, 2025

Energy

Piedmont Lithium Inc. and Sayona Mining Limited signed a definitive all-stock merger agreement to combine and create a leading North American lithium producer. The combined company, MergeCo (to be named Elevra Lithium), is expected to be formed with an approximate 50%/50% ownership split between Piedmont and Sayona shareholders on a fully diluted basis, subject to shareholder and regulatory approvals.