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Permian Resources to Buy Earthstone Energy in $4.5 Billion Deal - Barron's

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Permian Resources to Buy Earthstone Energy in $4.5 Billion Deal | Barron's

Permian Resources to Buy Earthstone Energy in $4.5 Billion Deal. There’s More to It.

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Permian Resources announced Monday that it would be acquiring Earthstone Energy in an all-stock deal valued at $4.5 billion.

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Related Knowledge Center: Methane

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As the production of natural gas from shale fields has expanded, so have methane emissions. U.S. methane emissions grew 27 percent from 1990 to 2009, according to the Energy Information Administration. Methane contributes about 10 percent of all U.S. greenhouse gas emissions and is 25 times more potent a greenhouse gas than carbon dioxide. 

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