The Latest

Are Shale Producers Getting Credit for Reining in Spending Frenzy?

An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.

Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments

Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.

Energy Sector Sees Dramatic Increase in Private Equity Funding

In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought? 

KKR, Solar Developer Birch Creek Close $150MM Credit Facility

KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.

Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition

Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns. 

EnCap Closes $6.4B for E&P Fund, Including Co-investments

EnCap’s Fund XII raised $5.25 billion for work in U.S. oil and gas basins. Coupled with its energy transition and midstream funds, the private equity firm has collectively raised $9 billion this year.

Raising Capital When Private Equity Has Seen Better Days

Oil and gas private equity firms remain active in the market though fundraising hit its peak in 2017.

Exclusive: How E&Ps Yearning Capital can Stand Out to Family Offices

3P Energy Capital’s Founder and Managing Partner Christina Kitchens shares insight on the “educational process” of operators looking at opportunities in the U.S. and how E&Ps looking for capital can interest family offices, in this Hart Energy Exclusive interview.

Quantum Teams Looking for Acquisitions ‘Off the Beaten Path’

Blake Webster, partner at Quantum Capital Group, said the private-equity firm’s portfolio teams are looking to buy from sellers looking for cash buyouts, though not necessarily in the usual places.

Post Oak Backs New Permian Team, But PE Faces Uphill Fundraising Battle

As private equity begins the process of recycling inventory, likely to be divested from large-scale mergers, executives acknowledged that raising funds has become increasingly difficult.