Private Equity , Exploration & Production , Investment , Finance , Acquisitions & Divestitures , Mergers

E&Ps’ Siren Song to Investors: Free Cash Flow

Regaining investor trust–and access to their cash–is on the horizon as the E&P sector returns record profits to investors, a panel of experts said during Hart Energy’s SUPER DUG conference.

June 7, 2023

Finance , Acquisitions & Divestitures

Ovintiv Offering Senior Notes to Fund $4.2B Permian Deals

The Colorado-based Ovintiv plans to use the net proceeds to acquire a portion of Midland Basin E&Ps.

May 18, 2023

Finance , Energy Transition , Acquisitions & Divestitures , Pipelines

NextEra to Sell Eagle Ford, Pennsylvania Pipelines, Shift to Renewables Only

NextEra Energy Partners will first launch a process to sell its Eagle Ford assets in 2023 and its Pennsylvania assets in 2025, John Ketchum, NextEra’s chairman, president and CEO said.

May 17, 2023


NOG Offers New Senior Notes

The aggregate total of Northern Oil and Gas' new senior notes will be $450 million.

May 10, 2023

Finance , Exploration & Production

Equinor ASA Reports Higher Appalachia and GoM Production

Equinor ASA’s E&P unit in the U.S. reported a 5% rise in production in the first quarter of 2023 compared to the same quarter a year ago thanks to higher volumes from the Gulf of Mexico and Appalachian Basin.

May 9, 2023

Finance , Natural Gas

Gas Producers’ Access to Capital Pinched as Banks Lower Price Deck

Haynes Boone’s new oil and gas price decks show banks projecting natural gas prices 36% lower than predicted in the fall — values that will affect reserve-based lending.

May 3, 2023

Finance , Acquisitions & Divestitures

Baytex Raises Capital for $2.5 Billion Ranger Oil Deal

Canada’s Baytex Energy Corp. moved a step closer toward finalizing its purchase of Ranger Oil Corp. with the closing of its private offering of $800 million aggregate principal amount of senior unsecured notes.

April 27, 2023

Finance , Shale Plays

Lenders Grow Pessimistic Amid Banking Crisis, Commodity Price Volatility

A March survey of nearly 100 leaders in oil and gas suggest a growing belief among lenders and producers that it is harder to borrow money.

April 26, 2023