Oceaneering intends to use the net proceeds from the offering, together with cash on hand if necessary, to fund the purchase of any and all of its 4.650% senior notes due in 2024.
Arclight Capital Partners adds former Vistra Corp. CEO Curt Morgan as senior adviser.
Hess Midstream will repurchase $100 million worth of units from the company’s sponsors, Hess Corp. and Global Infrastructure Partners.
Permian Resources will not receive proceeds from the stock offering.
Oceaneering intends to use the net proceeds from the offering, together with cash on hand if necessary, to fund the purchase of any and all of its 4.650% senior notes due in 2024.
Despite public opposition from some investors, Magellan Midstream Partners shareholders OK’d a $18.8 billion merger with midstream player ONEOK Inc., but analysts and investors still have questions about the deal.
Arclight Capital Partners adds former Vistra Corp. CEO Curt Morgan as senior adviser.
Stratas Advisors still holds the view that oil prices will not break through $100/bbl this year.
Though estimates vary, numbers could run into the trillions of dollars needed to accomplish energy transition-related targets while meeting the world’s need for affordable energy.
LNG developer NextDecade Corp. has secured debt financing to support construction of the company’s Rio Grande LNG export project in South Texas.
Hess Midstream will repurchase $100 million worth of units from the company’s sponsors, Hess Corp. and Global Infrastructure Partners.
Permian Resources will not receive proceeds from the stock offering.
Vital Energy will use proceeds from the offering to pay off unsecured notes maturing in 2025 and other debt.
Oil and gas investment dropouts have been missing out on cashflow generation that’s “off the charts,” said Michael Cembalest, chairman of market and investment strategy for J.P. Morgan Asset Management.