US Private Equity Shops $20 Billion in Oil and Gas Assets as Crude Tops $100

4 articles · Updated · Bloomberg · May 19

$20 billion of closely held oil and gas companies is being marketed by US private equity firms, with more than half a dozen assets in play.
Crude above $100 a barrel after the Iran war has opened a rare exit window for buyout firms that have struggled to sell US oil-patch holdings.
The companies being shopped span Texas, Colorado and other US producing regions, signaling a broader pickup in domestic energy dealmaking.
The sales push shows how geopolitical supply shocks are reviving valuations and transaction appetite across the US oil and gas sector.

As PE firms rush to sell $20 billion in oil assets, what do the buyers know that the public doesn't?

Are PE firms cashing in on a war-fueled oil boom just as the market is about to crash?