Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead
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- free-analysis-rule-based-analysis
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- free-analysis-rule-based-analysis
- Article id
- 127954
Original source
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. WildFire would have given Citadel roughly 53,000 barrels of oil equivalent per day of production, about 70% of it oil, plus 810,000 net acres in South Texas. Magnolia ultimately won…
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Original article published by OilPrice.com on September 4, 2026. Analysis and insights provided by AnalystMarkets AI.
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