Public Capital
Public Capital , Shale Plays , Acquisitions & Divestitures
Range Resources Tacks On Another Multimillion-dollar Royalty Sale
Range Resources revealed another royalty sale on Oct. 21 that brings total asset sales by the Appalachia shale producer to more than $1 billion.
Public Capital , Technology
McDermott Enters Agreement Worth Up To $1.7 Billion Of New Financing
McDermott International said Oct. 21 it has entered into an agreement with certain of its secured lenders under which the company will have access to up to $1.7 billion of additional financing.
Public Capital , Midstream
Stocks To Watch: Midstream Bruised But Big Potential
Cheap metrics and simpler structures mean midstream names offer attractive total returns.
Public Capital , Company Profiles , Shale Plays , Technology
Baker Hughes Reveals Face-lift Following GE Divestment
After a brief stint as Baker Hughes, a GE company, the oilfield services company with a history dating over a century will now be known as Baker Hughes Co.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Apache Looks To Narrow Permian Portfolio With Eastern Shelf Exit
Apache, one of the largest operators in the Permian Basin, is looking to narrow its footprint in the basin through a full exit from the Eastern Shelf.
Public Capital , Acquisitions & Divestitures
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
Whiting Petroleum, an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum, two people familiar with the matter told Reuters.
Public Capital
On The Money: Raking Through The E&P Wreckage
E&Ps’ focus is on reducing costs, lowering FCF breakevens, bolstering balance sheets, lengthening liquidity runways and returning cash to investors through dividends and share buybacks, one investment banking firm says.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
Public Capital , Earnings , Exploration & Production , Shale Plays , Acquisitions & Divestitures
BP Warns Of Multibillion-Dollar Third-Quarter Charges
BP will take charges of $2 billion to $3 billion in the third quarter, as the British energy firm looks to reach divestments worth $10 billion a year ahead of schedule.
Public Capital
Diamondback Energy’s Viper Prices Upsized $500 Million Debt Offering
Viper Energy Partners, the acquisition machine of Diamondback Energy in the minerals space, had originally launched the offer for $400 million on notes on Oct. 7.