This chapter discusses the potential involvement of ConocoPhillips and European investors in an acquisition deal made by Diamondback Energy. It also explores the growing interest in private credit among investors and concerns about the maturity wall in the private credit industry, with insights from an interview with Bill Cox.
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Bloomberg News US Oil Reporter Mitchell Ferman discusses Diamondback Energy agreeing to buy fellow Permian Basin driller Endeavor Energy Resources in a $26 billion deal that’ll create the largest explorer focused exclusively on the western hemisphere’s busiest oil field. Bill Cox, Global Head of Ratings at Kroll Bond Rating Agency, shares his thoughts on the private credit market. Bloomberg Businessweek Media & Entertainment Editor Felix Gillette provides the details of his Businessweek story Pat McAfee Is Exactly Who the NFL Wants as Brand Ambassador. GoFundMe CEO Tim Cadogan talks about hitting the milestone of raising $30B in donations.
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