Magnolia Oil and Gas Announces 15% Increase to Quarterly Dividend

Magnolia Oil and Gas Corp.’s shareholder distribution increase reflects the company’s efforts to maximize shareholder returns.

Bud Brigham's OFS Firm Atlas Energy Files for IPO

Atlas Energy, based in Austin, Texas, was reported last year to be preparing for a public listing that could value it at between $2 billion and $3 billion, including debt.

Opinion: Fort Worth Barnett, 2023

BKV Corp. made the most of its time in the Barnett Shale before filing for IPO in November 2022.

W&T Offshore Closes $275 Million Notes Offering

W&T Offshore said its new notes give the company more liquidity to potentially fund higher return accretive capital projects and acquisitions in the near term.

Bob Simpson-led TXO Energy Partners IPO Exceeding Expectations

Formerly known as MorningStar Partners LP, TXO Energy is an MLP with primarily conventional-rock operations in the Permian Basin, New Mexico’s San Juan Basin and Colorado led by industry veteran Bob Simpson.

ADNOC Eyes Valuation of at Least $50 Billion for Its Gas Business

An initial public offering of ADNOC Gas could launch as soon as February as the company sharpens its focus on the gas market as Europe seeks to replace all Russian energy imports as early as mid-2024.

OPEC Development Fund Raises $1 Billion with First Ever Bond

The OPEC Fund for International Development will set aside money for food security, healthcare, infrastructure, education, employment and renewable energy projects.

Canadian Gas Producers to Boost Unconventional Production, Capex

Wood Mackenzie expects Canada’s largest natural gas producers —  Montney Shale producers Tourmaline Oil, Canadian Natural Resources (CNRL) and ARC Resources — to continue to grow their unconventional production in 2023 despite inflation pressures.

Bernstein Forecast: US Capex to Rise 15% — But Remains Near 20-year Low

Global capex will increase to $575 billion, which is well shy of what is needed to meet long-term oil and gas demand, analysts say.

W&T Offshore Prices $275 Million in Private Notes Offering

The company intends to use the net proceeds of the offering, along with cash on hand, to redeem all of its 9.75% senior second lien notes due in 2023.