The Latest

Buying Time: Continuation Funds Easing Private Equity Exits

An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.

The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze

In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.

M&A Target Double Eagle Ups Midland Oil Output 114% YOY

Double Eagle IV ramped up oil and gas production to more than 120,000 boe/d in November 2024, Texas data shows. The E&P is one of the most attractive private equity-backed M&A targets left in the Permian Basin.

Inside Ineos’ US E&P Business Plan: Buy, Build, Buy

The E&P chief of U.K.’s Ineos says its oily Eagle Ford Shale acquisition in 2023 has been a profitable platform entry for its new U.S. upstream business unit. And it wants more.

Blackstone Buys NatGas Plant in ‘Data Center Valley’ for $1B

Ares Management’s Potomac Energy Center, sited in Virginia near more than 130 data centers, is expected to see “significant further growth,” Blackstone Energy Transition Partners said.

Pearl Again Backs Williston E&P Eagle Mountain Energy Partners

Private equity firm Pearl Energy Partners will back Eagle Mountain Energy Partners II, which last year exited its Williston Basin assets in a nearly $300 million deal with TXO Partners.

Kimmeridge Texas Gas Prices $500MM in Senior Notes Offering

Kimmeridge Texas Gas said the senior unsecured notes will be used to repay a portion of outstanding revolver borrowings and support the buildout of the company.

Lion Equity Partners Buys Global Compression from Warren Equipment

Private equity firm Lion Equity Partners has acquired Warren Equipment Co.’s Global Compression Services business.

PRB’s Sage Butte Ready for M&A Across Lower 48, Maybe Canada Too

Private E&P Sage Butte Energy, which operates in the Powder River Basin, is less interested in the Permian Basin, citing the cost of entry.

PE Firm Northleaf to Divest Interests in Spanish Solar Farm

Private equity firm Northleaf Capital Partners acquired a controlling interest in the NCP Solar Mula farm in 2018.