Home Industry Oil and gas Kimmeridge Targets Underperfor...
Oil And Gas
CIO Bulletin
13 March, 2025
Kimmeridge Energy wants to enhance Canadian petroleum exports by focusing on unproductive businesses and merger opportunities in the market.
Kimmeridge Energy Management has decided to increase its presence in the Canadian oil and gas industry through targeted initiatives against companies that show subpar performance. The ongoing U.S.-Canada trade war creates positive conditions for Canadian oil and gas expansion through liquefied natural gas exports which Kimmeridge Energy foresees as opportunities. The trade conflict between Canada and the U.S. appears to have minimal impact on Canadian oil and gas exports to the United States yet it might trigger Canadian companies to expand their operations in Asian markets.
According to Mark Viviano from Kimmeridge the ongoing trade conflict will promote sustained development for Canadian oil and gas through market expansion initiatives by industry operators. The negotiations between Kimmeridge and Advantage Energy demonstrate the firm's increased involvement since the Calgary-based producer became a corporate powerhouse through newly selected board members while considering potential acquisition plans.
According to Viviano multiple companies operating in the Canadian oil and gas sector are available for consolidation because the industry has become fragmented and production growth takes precedence over maximizing shareholder value. Kimmeridge has successfully conducted numerous activist initiatives throughout the U.S. oil and gas sector before establishing Canada as its new target for activist efforts. Kimmeridge plans to extract substantial value from the Canadian oil and gas market through its available capital resources.