In conjunction with the all-equity merger of the two companies majority controlled by EIG Global Energy Partners, FourPoint Energy became a subsidiary of Maverick Natural Resources and was renamed Unbridled Resources.
Double Eagle intends to use the net proceeds from the private placement of $650 million senior notes to fully repay both its term loan and amounts outstanding under its revolving credit facility.
Humble Midstream is a Denver-based independent energy company led by CEO Steve Huckaby, a 38-year industry veteran who most recently served as CEO of Meritage Midstream.
A blank-check company backed by private equity firm Apollo Global Management Inc. is looking to raise $250 million in a U.S. IPO, the company said on Nov. 23.
Move could wipe billions off the value of sectors from energy to aviation.
The transaction combines the U.S. operations of Innovex Downhole Solutions with Rubicon Oilfield International’s broad international strength to create a global platform capable of sustained growth in a low commodity price environment.
Riverstone Holdings agreed to buy International-Matex Tank Terminals (IMTT) from Macquarie Infrastructure Corp. for total consideration of $2.685 billion.
Burned by a sector gone bad, energy capital providers are hyper risk-averse or just absent. Capital will flow back into the space when certain conditions are met, and those that are prepared will prosper.
Top asset managers Vanguard Group Inc. and BlackRock Inc. on Sept. 24 introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid.