Billions of dollars are moving through the oil and gas industry as major energy companies pursue acquisitions, expand infrastructure, and position themselves for future growth. What's driving these deals, and what do they reveal about the value of energy assets?

In this episode of The Jay Young Show, Jay Young and Rachel Groce break down some of the biggest mergers and acquisitions making headlines in 2026, including major transactions involving Energy Transfer, ONEOK, Magnolia Oil & Gas, Matador Resources, and Diversified Energy.

From natural gas pipelines in the Permian Basin to multibillion-dollar acquisitions of drilling inventory, Jay explains why companies are paying substantial sums for existing production, undeveloped acreage, and future drilling opportunities.

Topics covered include:

• The multibillion-dollar energy acquisitions shaping 2026
• Why natural gas infrastructure is attracting significant capital
• How companies evaluate drilling inventory and undeveloped acreage
• The importance of proven reserves, production, and asset valuations
• How mergers and acquisitions fit into King Operating's development and divestment strategy
• What increasing energy demand could mean for future industry activity

Jay also shares how King Operating approaches asset development, using the Bivens Ranch project to illustrate the process of identifying drilling opportunities, evaluating production potential, and building assets for possible future acquisition.

As energy companies weigh organic growth against acquisitions, this episode explores the strategies and economics behind some of the industry's largest transactions.

Learn more about King Operating:
https://kingoperating.com

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Disclaimer: This content is for informational purposes only and does not constitute investment, tax, or legal advice or an offer to sell securities. Oil and gas investments involve significant risks, including potential loss of principal. Projected performance, asset valuations, tax benefits, and future transactions are not guaranteed. Consult qualified professionals before making investment decisions.