Pietro D
Pitts
Hart Energy
Dividends Declared in the Week of Sept. 2
Here is a compilation of dividends declared by select E&Ps for third-quarter 2024.
Crescent Prices Additional Private Placement on Senior Notes Due 2033
Crescent Energy said it intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility.
CSW Increases Common Stock Offering to Repay Debt
CSW Industries increased its offering of common stock from 1 million shares to 1.1 million shares at $285 per share.
Gulfport Upsizes Debt Offering to $650 Million
Gulfport Energy plans to raise $650 million in new senior notes to repurchase existing debts maturing in 2026.
The Latest
Dividends Declared in the Week of Sept. 2
Here is a compilation of dividends declared by select E&Ps for third-quarter 2024.
Fitch Warns of Citgo Credit Risks but Affirms Stable Outlook
Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while highlighting operational risks and contagion effects from U.S. sanctions on Citgo's Caracas-based parent PDVSA.
Mach Units Fall 12% After Announcing Offering to Finance M&A Deals
Mach Natural Resources (MNR) units are trading down over 12% after announcing plans to sell 7.85 million common units to fund two pending acquisitions in the Midcontinent.
ConocoPhillips Adds Connors to Board
Nelda J. Connors will serve on the audit and finance committee and public policy and sustainability committee of ConocoPhillips’ board.
Crescent Prices Additional Private Placement on Senior Notes Due 2033
Crescent Energy said it intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility.
CSW Increases Common Stock Offering to Repay Debt
CSW Industries increased its offering of common stock from 1 million shares to 1.1 million shares at $285 per share.
Baker Hughes Updates Leadership to Deliver on Growth Strategy
Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.
Gulfport Upsizes Debt Offering to $650 Million
Gulfport Energy plans to raise $650 million in new senior notes to repurchase existing debts maturing in 2026.
Helix Secures Multi-year GoM Contract with Shell Offshore
Under the contract, to begin in 2025, Helix Energy Solutions will provide well intervention services for Shell Offshore in the U.S. Gulf of Mexico.
Private Producers Find Dry Powder to Reload
An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.