A relatively new type of financing has emerged for E&Ps—PDP asset-based securitization.
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
Since forming through a merger in 2022, Permian Resources has reduced its stock ownership by a group of private equity backers from over 50% of the company’s outstanding shares to 16% today.
Private equity investment firm KKR & Co. Inc. is among energy-related firms joining the S&P 500 as their market capitalization grows.
Haynes and Boone semi-annual surveys of oil and gas lenders and producers reveal measured optimism capital formation—and a broader audience of family offices than seen in prior decades is tuning in.
When the transaction is fully complete, the investment will represent 20% of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis, Canadian Solar said.
Wil VanLoh, founder and CEO of Quantum Energy Partners said private companies need to change their mindset on ESG because they’re building a product to sell to public companies — and may be missing out on cost savings.
There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
Midstream-focused EIV Capital has added non-operated assets and transition projects to its portfolio as a sign of the times.
After Novo I sold its Delaware Basin position for $1.5 billion last year, Novo Oil & Gas II is reloading with EnCap backing and aiming for more Delaware deals.