Patrick
McGee
Hart Energy
‘Free Cash Flow Utopias’ Offset E&Ps Hurdles to Accessing Capital
High FCFs allow companies to fund their own projects, return capital to investors and pay off debt without having to delve into high-interest debt.
NGP’s Latest Fund to Stick with Existing Teams, Add Few Newcomers
NGP is targeting low breakeven upstream opportunities in the Permian Basin, Bakken and the Haynesville, Marcellus and Eagle Ford shales.
Blackstone Closes $7.1 Billion Energy Transition Private Credit Fund
The New York credit-focused asset management firm said there may by $100 billion in energy transition opportunities throughout its portfolio.
Tailwater Capital Partners with Ash Creek Renewables
Details about the partnership between Tailwater Capital and Ash Creek Renewables, a provider of renewable fuel feedstocks, were not disclosed.
Pearl Energy Backs Voyager Midstream's M&A Aspirations
Voyager Midstream Holdings secured an initial capital commitment from Pearl Energy Investments for the acquisition and development of midstream infrastructure in North America.
A&D Minute: Companies Shore Up Assets, Streamline Operations [WATCH]
In this week's A&D Minute, companies merge, shore up their balance sheet and shift away from fossil fuels.
Alta Mar Closing Equity Commitment from Carnelian
Alta Mar Energy LLC plans to use investment funds managed by Carnelian Energy Capital Management LP to build an exploration, development and production portfolio in the GoM.
Private Equity Touts E&P Investments, Acknowledges Fundraising Woes
ESG pressures and declining returns in the past have hindered plans by private equity firms such as Quantum Energy Partners to raise billions of dollars.
Civitas Prices $2.7B Senior Notes to Fund Hibernia Energy, Tap Rock Acquisition
Civitas Resources priced a private placement of $1.35 billion senior notes due in 2028 and 2031 to be used to fund a portion of the acquisition of Hibernia Energy III and Tap Rock Resources.
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.