Archrock is raising debt and selling equity to pay for its $983 million acquisition of Total Operations and Productions Services.
Plains All American Pipeline plans to use approximately $643.3 million of the net proceeds from the offer to repay a portion of the $750 million outstanding principal amount of its 3.6% senior notes due 2024.
Crescent Energy intends to use the proceeds to fund the cash portion of its merger with SilverBow Resources and to repay SilverBow’s outstanding debt at the time of the transaction’s closing.
Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.
Viper Energy will not receive any of the gross proceeds from Diamondback’s secondary offering of its Class A common stock.
A number of private equity firms will sell about 48.5 million shares of Permian Resources Corp.’s Class A common stock valued at about $764 million.
Global Infrastructure Partners, a Hess Midstream affiliate, will act as the selling shareholder and Hess Midstream will not receive proceeds from the public offering of shares.
Proceeds from Talos Energy’s secondary offering will be used to help pay its recently announced acquisition of QuarterNorth Energy.
EQT plans to offer 5.75% senior notes to repay some borrowings used in the acquisition of Tug Hill and XcL Midstream, the company said.
Permian Resources will not receive proceeds from the stock offering.