Liberty Energy capitalized on its “competitive edge” when navigating a challenging demand environment in third-quarter 2024, CEO Chris Wright said in the company’s quarterly earnings call.
Texas Capital has had to navigate trends impacting the financial markets, such as an emphasis on ESG and less-than-favorable equity markets, said Daniel Hoverman, Texas Capital's head of corporate and investment banking, at ECC.
Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Oil and gas private equity firms remain active in the market though fundraising hit its peak in 2017.
Vision RNG has secured funding from climate investor HASI to convert landfill gas to RNG in Ohio.
Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.
Some companies have taken advantage of asset-backed securitizations to monetize some of their cash flows and better position themselves for a sale.
Kinder Morgan said it has made FID for the Gulf Coast Express expansion and confirmed a new pipeline project to move gas to the site of future Southeast Texas LNG export facilities.
Eric Mullins said that as large-scale M&A players begin to rationalize their purchases, as much as $18 billion in non-core divestments could find homes to asset-hungry acquirers.