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...The deal is the latest in a series of large-scale merger and acquisition activity in the US shale patch as companies look to snap up the best remaining drilling acreage....
...Joanna S Kao Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley Thanks so much....
...ExxonMobil, Chevron and Occidental Petroleum have all struck big deals in the shale patch since October. Large acquisition targets have become scarce commodities. One fewer seat remains....
...Top stories today The French re-patch | Emmanuel Macron, the French president, will meet Keir Starmer in Paris today, as the UK opposition leader faces claims he is looking to take Britain “back to square...
...Autry Stephens, who grew Endeavor from a single rig operation almost half a century ago, had held off on selling the company for years....
...Norway undoubtedly helped Europe out of a tough patch after Russia’s full-scale invasion of Ukraine in February 2022, pumping gas in particular as much as it could....
...stephen.bush@ft.com...
...The market for men’s jewellery is going through a creative purple patch as designers capitalise on what, traditionally, has been an underserved group of consumers....
...Shares in Maersk, the world’s second-largest container shipping line, plunged after it warned of a “difficult patch” for the industry, suspended its share buyback programme and slashed its dividend....
...Reporting by Valentina Romei, Laura Onita, Sarah Neville, Stephen Morris, Sid Venkatarakrishnan, Oliver Barnes, Oliver Telling and Leke Oso Alabi...
...Additional reporting by Stephen Gandel in New York...
...biggest way that the shadow Treasury team does this is by insisting that opposition frontbenchers who want to spend money first identify a “switch spend”: some redundancy or excessive spending in their own patch...
...And check out Derek’s dive with Stephen Foley, our accounting editor, into the middlemen set to reap big rewards from the US Inflation Reduction Act....
...Stephen Bush Oh, no....
...Stephen says the big question now for leadership is how they’ll patch things up internally....
...She’s been closely following the controversy surrounding the redevelopment of a large industrial site on her patch....
...Inside, you sit with Stephen. It’s the 25th anniversary of “Torn” and Natalie Imbruglia is on This Morning. Stephen keeps pointing at the TV and then at his chest. “Yes, from in here? Song?”...
...been grown, followed by a meal prepared by Stephens....
...Whether all this activity presages a bumpy patch for Lloyds is impossible to tell — tax bills do need to be paid at this time of year....
...There is a challenge to quant beyond a recent patch of poor returns. If Covid doesn’t count as a regime change I don’t know what does....
...Two things to start: First, the Financial Times’ Stephen Morris and Due Diligence’s James Fontanella-Khan and Arash Massoudi give a blow-by-blow account of UBS’s historic rescue of Credit Suisse in this...
...The crowd itself became the story,” said Stephen Reicher, a social psychologist at the University of St Andrews. And so people’s “fear of missing out” became a major motivation....
...Even worse is its inability to root out what Sir Stephen House, the current acting commissioner, says are more than “a few bad apples”....
...Hello, I’m helming today’s newsletter while Stephen holidays in Lincolnshire. Until very recently, the NHS has barely featured in the Tory leadership race....
...Carlyle’s foray into hedge funds was a disaster, as were acquisitions the firm made in the oil patch....
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