*Walter Bloomberg(@DeItaone):CITADEL EYES U.S. OIL ASSETS Citadel has held talks to acquire U.S. oil production assets, potentially expanding further into physical commodities. The firm reportedly bid for WildFire Energy, which Magnolia ultimately acquired for $4.06B, and has discussed other oil-focused assets with private equity firms. Elevated crude prices and Middle East tensions are boosting interest in U.S. production, which avoids chokepoints like Hormuz. Citadel already owns Apex Natural Gas, its U.S. gas production platform.

2026.09.04 12:03

CITADEL EYES U.S. OIL ASSETS Citadel has held talks to acquire U.S. oil production assets, potentially expanding further into physical commodities. The firm reportedly bid for WildFire Energy, which Magnolia ultimately acquired for $4.06B, and has discussed other oil-focused assets with private equity firms. Elevated crude prices and Middle East tensions are boosting interest in U.S. production, which avoids chokepoints like Hormuz. Citadel already owns Apex Natural Gas, its U.S. gas production platform.