Post Tagged with: "capital raise"

PDC Energy Announces Stock Offering

PDC Energy Announces Stock Offering

On March 7, 2016, PDC Energy, Inc. (ticker: PDCE) announced the company would offer 5,922,500 shares, including the expected purchase of overallotments, in common equity to the market. The offering is expected to bring in gross proceeds of $262.7 million …

Cabot Oil & Gas Raises Equity

Cabot Oil & Gas Raises Equity

Cabot Oil & Gas (ticker: COG; CabotOG.com) announced on February 22, 2016, the company is commencing a public offering of 44,000,000 shares of its common stock at a price of $20.00 per share. An additional 6,600,000 shares will be …

EQT – Getting Stronger for Longer

EQT – Getting Stronger for Longer

EQT Corp. issued 7.475 million shares (includes overallotment) at a price to the public of $58.50 per share for gross proceeds of ~$426 million.  The offering price was at a ~4% discount to yesterday’s close.

The company’s line for the …