Public Capital

Public Capital , Trends

On The Money: How Low Can E&P Valuations Go?

E&P stock valuations are down hard, but have they yet discounted a worst-case scenario?

September 17, 2019

Public Capital , Mergers , Midstream

Energy Transfer Signals Course Change With SemGroup Acquisition

Energy Transfer agreed on Sept. 16 to acquire Tulsa, Okla.-based SemGroup in a cash and stock transaction valued at roughly $5.1 billion.

September 16, 2019

IPO , Exploration & Production

Saudi Arabia, UAE Unveil Plans, Ambitions At WEC 24

The 24th edition of the World Energy Congress shined the lights on critical issues facing the energy sector, and key requirements to unlock potential and abundant  opportunities.

September 15, 2019

Public Capital , Acquisitions & Divestitures

Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal

The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
 

September 13, 2019

Restructurings , Public Capital , Exploration & Production , Shale Plays , Trends

Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO

Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.

September 12, 2019

Public Capital , Exploration & Production , Shale Plays , Mergers

Montage Resources Executive Q&A: Appalachian Blend

In a basin full of bigs, the combination of Eclipse Resources and Blue Ridge Mountain Resources to form Montage Resources creates a compelling gas and liquids growth story despite commodity headwinds. The question: Will Wall Street notice?

September 12, 2019

Public Capital , People , Exploration & Production

Northern Oil And Gas Names CFO Nicholas O’Grady As President

Northern Oil and Gas appointed CFO Nicholas O’Grady as president on Sept. 10, filling a position left vacant following the resignation of the Bakken nonop company’s founder last month.

September 11, 2019

Public Capital

From OGI Editor-In-Chief: The Free Cash Flow Goal

As oil and gas producers acquiesce to investor demands, are they leaving returns on the table in lieu of payouts?

September 10, 2019

IPO

Aramco CEO: Domestic IPO Is Primary One, Also Prepared For International Listing

Saudi Aramco's CEO, Amin Nasser, said on Sept. 10 a domestic IPO of the state oil giant would be the primary listing but that it was also ready for an international offering.

September 10, 2019

Public Capital , Field Development

Equinor Plans Early Sverdrup Start-up, $5 Billion Share Buyback

The field’s first phase is projected to reach a peak output of 440,000 barrels per day (bbl/d) of oil in summer 2020.

September 5, 2019