One-Page Deal Sheet
Hess Corporation to Acquire American Oil & Gas Inc.
Calculated Metrics( EV/Category)
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Hess Corporation and American Oil & Gas Inc. jointly announced today that Hess has agreed to acquire American Oil & Gas pursuant to a merger agreement approved by the
Boards of Directors of both companies in an all-stock transaction. The acquisition will increase Hess’ strategic acreage position in the Bakken oil play in North Dakota by approximately 85,000 net acres.
Under terms of the agreement, Hess has agreed to issue 0.1373 shares of its common stock in exchange for each outstanding share of American Oil & Gas’ common stock. This represents a 9.4 percent premium to American Oil & Gas…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-13-2025 |
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Click here | Montana | E&P |
| Jan-31-2024 |
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Click here | North Dakota | E&P |
| Aug-24-2023 |
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Click here | North Dakota | E&P |
| Sep-06-2022 |
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Click here | E&P | |
| Jul-11-2022 |
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Click here | Texas | E&P |
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|---|---|---|---|
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