The Latest

The Aggregators: Avant’s Winning Formula to Deliver Returns

Avant Natural Resources buys small, sells big and is loving every minute of it.

Renegade Waiting for ‘Catalyst’ as it Mulls Building, Buying Midstream

Renegade Infrastructure CEO Drew Ward says the company is currently “basin agnostic” and is considering greenfield projects and M&A after winning a capital commitment from PE firm Energy Spectrum Partners.

Rising Phoenix Capital Launches $20MM Mineral Fund

Rising Phoenix Capital said the La Plata Peak Income Fund focuses on acquiring producing royalty interests that provide consistent cash flow without drilling risk.

Pearl Energy Investments Closes Fund IV with $999.9MM

Pearl Energy Investments’ Fund IV met its hard cap within four months of launching and closed on Jan. 31.

Pinnacle Midstream Execs Form Energy Spectrum-Backed Renegade

Renegade Infrastructure, led by Permian-centric Pinnacle Midstream developers Drew Ward and Jason Tanous, have received a capital commitment from Energy Spectrum Partners.

Buying Time: Continuation Funds Easing Private Equity Exits

An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.

The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze

In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.

M&A Target Double Eagle Ups Midland Oil Output 114% YOY

Double Eagle IV ramped up oil and gas production to more than 120,000 boe/d in November 2024, Texas data shows. The E&P is one of the most attractive private equity-backed M&A targets left in the Permian Basin.

Inside Ineos’ US E&P Business Plan: Buy, Build, Buy

The E&P chief of U.K.’s Ineos says its oily Eagle Ford Shale acquisition in 2023 has been a profitable platform entry for its new U.S. upstream business unit. And it wants more.

Blackstone Buys NatGas Plant in ‘Data Center Valley’ for $1B

Ares Management’s Potomac Energy Center, sited in Virginia near more than 130 data centers, is expected to see “significant further growth,” Blackstone Energy Transition Partners said.