Pietro D
Pitts
Hart Energy
Beth McDonald Appointed SM Energy COO
Beth McDonald joins SM Energy as its new executive vice president and COO, bringing with her about 20 years of experience as an executive at Pioneer Natural Resources.
Five Point Closes Infrastructure Fund with $1.4B in Commitments
Five Point Energy, which created newly public Permian Basin company LandBridge, said its Five Point Energy Fund IV was oversubscribed from a target of $1.25 billion.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
TGS Awarded 2D Survey in the Sumatra Basin
TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.
Dividends Declared in the Week of Sept. 2
Here is a compilation of dividends declared by select E&Ps for third-quarter 2024.
Fitch Warns of Citgo Credit Risks but Affirms Stable Outlook
Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while highlighting operational risks and contagion effects from U.S. sanctions on Citgo's Caracas-based parent PDVSA.
Mach Units Fall 12% After Announcing Offering to Finance M&A Deals
Mach Natural Resources (MNR) units are trading down over 12% after announcing plans to sell 7.85 million common units to fund two pending acquisitions in the Midcontinent.
ConocoPhillips Adds Connors to Board
Nelda J. Connors will serve on the audit and finance committee and public policy and sustainability committee of ConocoPhillips’ board.
Crescent Prices Additional Private Placement on Senior Notes Due 2033
Crescent Energy said it intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility.
CSW Increases Common Stock Offering to Repay Debt
CSW Industries increased its offering of common stock from 1 million shares to 1.1 million shares at $285 per share.