Nissa
Darbonne
Oil and Gas Investor
Texas Pacific Land Declares Largest Special Dividend
Texas Pacific Land’s $10 per share dividend will cost the company approximately $230 million.
Producers Trim 2024 Hedges Amid Bullish Oil Prices, M&A
Meanwhile, gas-weighted players are benefitting from solid hedge books planned ahead of price uncertainty.
Howard: Power Generation Growth Dependent on NatGas Demand
Electricity demand needs reliable natural gas to function as coal capacity is retired and less reliable renewables take a greater share of the power supply stack.
Crescent to Offer $750MM in Senior Notes to Settle SilverBow Debt
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.
CorEnergy Restructures, Emerges from Chapter 11
CorEnergy Infrastructure Trust has restructured in hopes to return to positive free cash flow beginning 2025, while pursuing energy transition opportunities.
Exxon’s Craig Morford Retires as VP of General Counsel, Secretary
Exxon’s board of directors has elected Jeff Taylor, who joined Exxon in May, to undertake Morford’s role.
Swift Solar, with Backing from Italy’s Eni, Raises Tech Financing
Swift Solar, with backing from Italy’s Eni and others, has raised a total of $44 million for work transforming the solar energy landscape with perovskite tandem solar projects.
Energy Execs Plan Blank-check IPO to Buy E&P, Midstream Property
EQV Ventures Acquisition Corp. reports that $75 billion of aging private-equity investments are looking for liquidity in the next five years, and they want to be in the hunt to buy.
Clean Energy Fuels Adds Third LNG Train at California Plant
Clean Energy Fuels Corp. said adding a third train to its LNG plant would increase its capacity by 50%, a move an analyst said could reduce the company’s reliance on third-party suppliers and increase annual EBITDA by $2 million.
UGI Subsidiaries Commence Up to $450MM Offering of Senior Notes
UGI Corp. subsidiaries AmeriGas Partners and AmeriGas Finance commenced a cash offer to purchase up to $450 million of outstanding senior notes.