Manuj Nikhanj is clearly still digesting the fact that last week, amid headlines heralding Shopify Inc.’s soaring market cap ...

Blackstone , the world's largest alternative asset manager, has agreed to buy energy data and analytics provider Enverus, it ...

Blackstone Inc has emerged as the frontrunner to buy energy-focused data provider Enverus for around $6 billion, according to ...

Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone ("Blackstone") have entered into a ...

Blackstone's acquisition of Enverus is a testament to electricity demand growth and the importance of the ongoing energy ...

The transaction paves the way for Genstar Capital and Hellman & Friedman to exit stakes in the energy data intelligence ...

Investment firm Blackstone is reportedly set to acquire Enverus for $6.5 billion. This significant deal reflects Blackstone's ...

Enverus, known for its expansive database drawn from over 95% of U.S. energy producers and more than 40,000 suppliers, was last valued at $4.25 billion including debt in 2021 when Hellman & Friedman ...

For the industry overall, Enverus told me in an email that “The E&P industry is getting better. Sixty-four percent of the factors tracked within our algorithm improved, on average, since 2017.

The company said it's surpassed half-a-billion dollars in annual recurring revenue. That's not the same as actual revenue, but it's a huge milestone for any software-as-a-service business.

Indeed, Enverus’s report finds that the greater Permian Region - including the Midland Basin to the east and Delaware Basin to the west - accounted for fully 83% of the value of deals made ...