Petrohawk 2005 –
Early Days $60 Million |
Petrohawk 2011 – $15.1 billion sale |
XTO Energy, Inc. 2009 – $41 billion sale |
XTO + ExxonMobil – Strategic Drivers |
Formed in June 2003 with an initial capitalization of $60 million, this slide shows the early growth of Petrohawk
through an acquisition strategy. In slide 6 of the presentation there is a “clue” of things to come with Mr. Floyd Wilson
highlighting a bullet: “FOCUS ON THE EXIT!!”. View the full presentation. |
In a little over 8 years, Mr. Floyd Wilson led Petrohawk through its start-up, acquisition phase, Haynesville growth
and most recently its premier Eagle Ford position. The scorecard? Growth from $60 million to a capitalization in $15.1 billion
sale to BHP Petroleum which closed in August 2011.View the full presentation. |
In the last Analyst Day presentation, Mr. Bob Simpson eloquently lays out the company’s core competitive principles
to driving value. Clearly, lessons can be learned regarding focus, goals, creating value and more. View the full presentation.
One can see similarities between above slide and Brigham’s slide highlighting Bakken growth engine! |
In a presentation provided by ExxonMobil’s
CEO Mr. Tillerson, this slide shows the assets Exxon captured with the buy of XTO Energy. Driving Exxon to action is a
goal to establish “the premier global unconventional resource company”. Certainly Exxon is not alone in the global quest
for unconventional resources and it is wise to keep up with the buyside! |
