Finance
Optimizing Direct Air Capture Similar to Recovering Spilled Wine
Direct air capture technologies are technically and financially challenging, but efforts are underway to change that.
Matador Offers $750 Million in Senior Notes Following Ameredev Deal
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.
Aethon to Offer $1B in Private Sale of Senior Notes
Aethon United, managed by Aethon Energy Management, said proceeds would go toward buying notes due in 2026
AltaGas Prices $900MM Junior Notes Offer After Tidewater Deal
The offering follows AltaGas’ Aug. 31 announcement that it acquired multiple midstream, storage and terminals from Tidewater Midstream and Infrastructure Ltd. for CA$650 million (US$480 million).
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
Solaris Completes Acquisition of Mobile Energy Rentals
With the acquisition of Mobile Energy Rentals complete, Solaris now has access to multiple end markets outside of the oil patch.
Kosmos to Repay Debt with $500MM Senior Notes Offer
Kosmos Energy’s offering will be used to fund a portion of its 7.125% senior notes due 2026, 7.750% senior notes due 2027 and 7.500% senior notes due 2028.
Gulfport Releases Results on Senior Notes Offer Due 2026
As of the close of business on Sept. 9, the offer’s expiration date, Gulfport received tenders for an aggregate principal amount of approximately $524 million of the notes.
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.