Public Capital
Public Capital
Occidental Reports Resounding Election for Directors Despite Battered Share Price
The votes came in the first annual meeting held since Occidental Petroleum's acquisition of Anadarko, an ill-timed bet that has knocked its share price by 78% since its interest was first disclosed.
Public Capital , Investment , Emissions , Renewables , Acquisitions & Divestitures
Total Acquires Stake in $3.7 Billion Offshore Wind Farm Project
The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotland’s largest offshore wind farm.
Public Capital , Shale Plays
E&P Stocks to Watch: Looking for Gain, Not Pain
A year from now, which E&P stocks will oil and gas investors wish they’d bought in 2020’s summer doldrums?
Public Capital , Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends
PATH FORWARD: Jefferies’ Bill Marko Talks A&D’s ‘Slow Awakening,’ Big Changes for US Shale
Bill Marko, managing director at Jefferies, says he sees permanent changes to the U.S. shale business resulting from the destruction to oil demand over the past several months.
Public Capital , People , Exploration & Production
Long-serving Exxon Mobil Upstream Executive Steve Greenlee to Retire
In conjunction with Greenlee’s retirement, Linda DuCharme was appointed as his successor while also retaining her current position as president of ExxonMobil Upstream Integrated Solutions Co.
Public Capital , Investment
Hedge Fund Angelo Gordon Reportedly Raising $1.5 Billion for Distressed Energy Debt
Hedge fund Angelo Gordon & Co. LP aims to raise as much as $1.5 billion to buy the debt of distressed oil and gas companies, according to a person familiar with the matter.
Public Capital , Investment , Trends , Midstream
The Midstream 50: Consolidation Rattles the Rankings
The long-running contraction in the number of midstream players accelerated in 2019.
Public Capital , Midstream
Pipeline Operator Energy Transfer Warns of Coming Job Cuts
Marshall McCrea, chief commercial officer for Dallas-based Energy Transfer, said in a recorded message to employees the cuts would begin June 1 and affect about 6% of the company's staff.
Public Capital , Investment
United States Oil Fund Reportedly Faces Probes into Risk Disclosures to Investors
United States Oil Fund LP, the country's largest crude exchange-traded fund, is being investigated by U.S. regulators over whether its risks were properly disclosed to investors, Bloomberg reported.
Public Capital , People , Exploration & Production , Shale Plays
Ovintiv President Michael McAllister to Retire
Upon Michael McAllister’s retirement, CEO Doug Suttles will assume the responsibilities of president at Denver-based Ovintiv Inc., formerly known as Encana.