Sale by Chesapeake Energy continues reorganization spearheaded by new CEO Doug Lawler.
Deal valued at $7.7 billion in cash, stock and assumed debt is latest in bout of consolidation in midstream industry.
Deal comes directly after Canadian oil and gas giant's $7.1 billion buy of West Texas' Athlon Energy.
In its quest to expand with a weight toward oil properties, Canada's Encana scoops up Permian Basin player Athlon Energy for $7.1 billion.
Houston power producer Dynegy agrees to buy power plants and retail electricity businesses from Duke Energy and private equity firm Energy Capital Partners nearly doubling its generating capacity.
Sale to Ingersoll-Rand for $850 million concludes auction process that began in January.
As part of its massive divestiture program under new CEO Ben Van Beurden, Royal Dutch Shell agrees to sell oil and natural gas properties in the U.S. for $2.1 billion.
Kinder Morgan said it's bringing all of its publicly traded master limited partnerships under one roof in a deal valued at $70 billion, creating North America's largest energy infrastructure company.
Activist hedge fund Casablanca Capital said Tuesday that all six of its nominees have been elected to the board of Cliffs Natural Resources.
Transaction will create the largest oil-weighted oil and gas exploration and production master limited partnership.