Sandy
Segrist
Hart Energy
CNX Promotes CFO Shepard to President
CNX Resources executive Alan Shepard will retain his chief financial officer position in addition to his new role as president.
TXO Prices Public Offering at $175MM to Fund White Rock Deal
Proceeds from the offering will be used toward funding TXO Partner’s acquisition of White Rock’s Elm Coulee Field assets for $350 million, announced May 13.
Canada’s Pieridae Changes Name to Cavvy on Upstream, Midstream Focus
Cavvy Energy said its common shares will begin trading on the Toronto Stock Exchange under the ticker “CVVY” when markets open May 13.
Dividends Declared Week of April 21
With first-quarter 2025 earnings underway, here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
The Latest
IPAA Seeking New CEO as Eshelman to Take New Role
IPAA’s chairman Mike Hillebrand told members in an email that the next CEO would be “a visionary, dynamic leader who understands the unique challenges and opportunities facing our diverse membership.”
Granite Ridge Stock Stumbles Upon CEO’s Departure
Dallas-based E&P Granite Ridge Resources did not report a reason for President and CEO Luke Brandenberg’s departure but wrote in the announcement that the “leadership transition is unrelated to the company’s performance or operations.”
CNX Promotes CFO Shepard to President
CNX Resources executive Alan Shepard will retain his chief financial officer position in addition to his new role as president.
Fervo Secures $206MM for Enhanced Geothermal System Project
Fervo Energy has secured $206 million for its Cape Station enhanced geothermal system project to continue development, the company said, one day after announcing the project's appraisal well set several geothermal drilling records.
Apollo Makes Strategic Investment in T.D. Williamson
Apollo Global Management has made an investment in global infrastructure technology and services company T.D. Williamson, which will remain majority owned by SCF Partners.
Origis Energy Closes $530MM in Financing for Solar Projects
Origis Energy closed on financing of more than $530 million for a pair of solar projects in Indiana and Mississippi.
Phillips 66 Leans into Midstream Growth Despite Elliott Activism
Phillips 66 grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but the refining giant sees gold in moving NGLs.
Prairie Reaffirms $1B RBL Credit Facility with Citibank
The $1 billion credit facility will support Prairie Operating’s development activity in the Denver-Julesburg Basin.
Energy Pundits Bullish on Economy, Despite Volatility
Tariff and inflation fears are complicating an energy market with sectors that remain poised to boom, financial managers say.
Irving Oil Launches $100 Million Project at Canadian Refinery
The cracking unit revamp at the St. John facility aims to boost energy security, the company says.