Capital Markets

U.S. shale firms cut budgets, staff as oil-price outlook dims

U.S. shale firms cut budgets, staff as oil-price outlook dims

From Reuters


Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts that oil and gas prices will stay low for several years.

The U.S. has 904 working rigs, down 14% from …

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

From Reuters


Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.

Brent crude LCOc1 settled …

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

From Reuters


Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal.…

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

From Reuters


President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

Trump, who has …

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

From Reuters


Oil prices weakened on Thursday on worries about the global economy and as equity markets were on edge over the uncertain outlook for U.S. interest rate cuts.

Traders are awaiting a speech from Federal Reserve Chair Jerome Powell …

Courtesy of Chesapeake

Oil Steadies as Hopes of Easing Trade Tensions Lend Support

From Reuters


Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand.

Brent crude LCOc1 …

Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations

Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations

From Reuters


Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen’s Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a …

Oil Deepens Slide on Recession Fears, China’s Trade Threats

Oil Deepens Slide on Recession Fears, China’s Trade Threats

From Reuters


Oil prices fell more than 1% on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.

In a sign of investor concern that the world’s biggest economy …

Oil Drops 3% on Weak Global Economic Data, U.S. Crude Stocks Build

Oil Drops 3% on Weak Global Economic Data, U.S. Crude Stocks Build

From Reuters


Oil prices shed 3% on Wednesday after fresh Chinese and European economic data revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row.

Brent crude LCOc1 settled at $59.48 a barrel, …

Oil Soars Near 5% as U.S. Delays Tariffs on Some Chinese Goods

Oil Soars Near 5% as U.S. Delays Tariffs on Some Chinese Goods

From Reuters


Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled …

Oil Rises on European Stock Draw Despite Demand Slowdown Forecast

Oil Rises on European Stock Draw Despite Demand Slowdown Forecast

From Reuters


Oil prices rose more than $1 a barrel on Friday, supported by a drop in European inventories and OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.…

Oil Rises More Than 2% on Firm Yuan, Expectations of More OPEC Cuts

Oil Rises More Than 2% on Firm Yuan, Expectations of More OPEC Cuts

From Reuters


Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.…

Oil Dives Nearly 5% to Seven-Month Low on Surprise U.S. Stock Build, Trade War

Oil Dives Nearly 5% to Seven-Month Low on Surprise U.S. Stock Build, Trade War

From Reuters


Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington’s escalating trade war with Beijing.…

Brent Oil in Bear Market as China-U.S. Trade Tensions Mount

Brent Oil in Bear Market as China-U.S. Trade Tensions Mount

From Reuters


Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand.

During the session, Brent traded …

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

E&Ps are Managing Debt, Operating within Cash Flow, Responding to Commodities Prices

EnerCom Dallas E&Ps are positioned for whatever 2019 offers up

The 2019 EnerCom Dallas oil and gas investor conference, which is taking place 48 stories above the streets of downtown Dallas this week, presented oil and gas producers and institutional

Diamondback Subsidiary Viper Energy Partners Announces Public Offering of Common Units

Diamondback Subsidiary Viper Energy Partners Announces Public Offering of Common Units

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Public Offering of Common Units

Tallgrass Energy Announces Investment Grade Credit Ratings for Tallgrass and Rockies Express Pipeline

Tallgrass Energy Announces Investment Grade Credit Ratings for Tallgrass and Rockies Express Pipeline

Tallgrass Energy Announces Investment Grade Credit Ratings for Tallgrass and Rockies Express Pipeline

September 11, 2018 - 12:30 pm Capital Markets, Closing Bell Story‎, Finance, Midstream, Press Releases
Private Equity: Delivering Capital Upstream

Private Equity: Delivering Capital Upstream

In the context of the total business sector, the global private equity industry raised a record $453 billion from investors in 2017, leaving it with more than $1 trillion to pour into companies and new business ventures, Reuters reported at …

EnerCom Announces Additional Presenting Companies for The Oil & Gas Conference®

EnerCom Announces Additional Presenting Companies for The Oil & Gas Conference®

EnerCom anticipates 2,000+ institutional investors, 80+ presenters from upstream and oilfield service/technology sectors, energy economists and oil and gas finance professionals

EnerCom has updated presenting oil and gas companies for the 23rd annual edition of its popular The Oil …

Tellurian is sharply cutting the equity buy-in for potential partners in a bid to make its business model to finance construction of its proposed Driftwood LNG export terminal more attractive.

Tellurian Co-Founder Martin Houston Joins Moelis & Co. as Chairman of its Global Energy Group

Independent investment bank Moelis & Company (ticker: MC) appointed Tellurian co-founder Martin Houston as an advisory partner and as chairman of its Global Energy Group.

Houston is vice chairman at Tellurian Inc., an early stage U.S. Gulf coast LNG export …

EnerCom Dallas Investment Conference Finds Oil and Gas Production, Financial Performance, Optimism Up

EnerCom Dallas Investment Conference Finds Oil and Gas Production, Financial Performance, Optimism Up

EnerCom’s Texas-based oil and gas investment conference started with a morning surprise of rare icy roads greeting visitors to Dallas, but that didn’t slow down institutional investors arriving at the Tower Club to hear oil company senior management teams present …

EnerCom Conference Update: Private Equity Panel to Give Perspective on Funding Energy Companies

EnerCom Conference Update: Private Equity Panel to Give Perspective on Funding Energy Companies

Kayne Anderson Capital Advisors, Tailwater Capital, and OFS Energy Fund will provide a private equity energy perspective at EnerCom’s The Oil & Gas Conference® 22

Kayne Anderson, Tailwater, and OFS are panelists at the upcoming EnerCom conference in Denver, Colorado—The …

The Capital Markets are Open to Oil & Gas: PLS

The Capital Markets are Open to Oil & Gas: PLS

PLS Capitalize™ Report: Oil & gas industry raised $186 Billion through U.S. public offerings in 2016; PLS predicts surge in M&A activity in 2017

Houston’s oil and gas research firm PLS Inc. provided the following statistical review of capital markets …

Permian Growth Underpinned 117% Surge in Deal Value in 2016: PLS

Permian Growth Underpinned 117% Surge in Deal Value in 2016: PLS

2017 M&A Market “Primed for Growth”

2016 merger and acquisition activity for the upstream energy sector in the United States more than doubled to $69 billion in 385 deals, according to market research firm PLS.

Deal value increased 117% over …

Plains All American Pipeline Completes Offering of $750 Million Senior Notes

Plains All American Pipeline Completes Offering of $750 Million Senior Notes

Plains All American Pipeline, L.P. (ticker: PAA) today announced that it has completed an underwritten public offering of $750 million aggregate principal amount of 4.500% senior unsecured notes due December 15, 2026, at a public offering price of 99.716% …

November 22, 2016 - 9:09 am Capital Markets, Closing Bell Story‎, MLPs
TransCanada Closes $3.5 Billion Common Share Offering

TransCanada Closes $3.5 Billion Common Share Offering

Proceeds to help TransCanada fund acquisition of Columbia Pipeline Group

TransCanada Corporation (ticker: TRP) completed its public offering of Common Shares. The Offering was announced on November 1, 2016 when TransCanada entered into an agreement with a syndicate of underwriters …

The Carlyle Group Raises $2.8 Billion for Energy Credit Investments

The Carlyle Group Raises $2.8 Billion for Energy Credit Investments

New Carlyle Group Fund Provides Investment Capital to Energy Projects Unable to Tap Traditional Sources

Global alternative asset manager The Carlyle Group (ticker: CG) raised $2.8 billion for energy credit investments, the company announced.

Carlyle Energy Mezzanine Opportunities Fund II

$5.5 Billion IPO Pulled As Brexit Effect Spooks UK Capital Markets

From Law.com

Less than two weeks after acting on the cancelled initial public offering of the U.K.’s largest private gym chain, capital markets lawyers at Freshfields Bruckhaus Deringer have once again seen their work go to waste with software company …

October 27, 2016 - 11:49 am Capital Markets, Closing Bell Story‎, Energy News