Analysis: A Mountain of Asset Sales Loom After Oil Megamerger Era
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews.
Asset-backed Securitization Emerges as Growing Finance Opportunity
A relatively new type of financing has emerged for E&Ps—PDP asset-based securitization.
Ex-BP America Chair Dave Lawler to Lead Kimmeridge’s South Texas Gas E&P
Separately, Kimmeridge has purchased more than 90% control of Gulf Coast LNG developer Commonwealth LNG.
Private E&Ps Pursue Dollars Amid Change
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
Equitrans, EQT Announce Preferred Stock Election Deadline
Equitrans Series A preferred stockholders have until July 9 to vote on the consideration they prefer to receive once the merger with EQT takes place.
Two Ring Management Leaders Exit, Replacement Search Underway
Ring Energy is updating its management team following the departure of two senior executives.
Hirs: What Regulators Get Wrong—Energy Networks Are Tough To Control
Energy professionals depend upon interconnected markets and often profit from arbitrage opportunities long before market participants and regulators can effectively address them.
What's Affecting Oil Prices This Week? (June 24, 2024)
Stratas Advisors expect that oil prices will be under pressure during the upcoming week, in part because of economic and political uncertainty.
Trio Co-founder Robin Ross Rejoins Company as Chairman, Board Director
Robin Ross became chairman of Trio Petroleum Corp.’s board of directors on June 17.
Hirs: How the Cost of Carbon Avoidance Bolsters Nuclear Power
States and the EU have introduced nascent carbon pricing schemes with taxes, tax benefits and offsets. It isn’t unreasonable to assume that carbon pricing will become increasingly tangible.