Post Tagged with: "Equity"

Source: Ashtead Technology

Forum Energy Technologies Sells Ashtead Technology

By Tyler Losier, Energy Reporter, Oil & Gas 360

Forum Energy Technologies to sell its aggregate 40% interest in Ashtead Technology for $39 million
Forum Energy Technologies Inc. (stock ticker: FET), a global oilfield products company, has entered into a

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 …

PLS Tracks $129.3 Billion in New Oil and Gas Capital in 2017

PLS Tracks $129.3 Billion in New Oil and Gas Capital in 2017

Capitalize, PLS Inc.’s proprietary comprehensive capital markets tracking platform, released a statistical review of the oil and gas industry’s capital markets activity for calendar year 2017.

Key findings:

  • $34 billion in equity raised through offerings in 2017, down 36% from
EOG Resources, Mountrail County, North Dakota.

ATX Energy Partners Secures $780 Million Private Equity Commitment

Successor to Brigham Resources secures private capital commitment from Warburg Pincus, Yorktown and Pine Brook

ATX Energy Partners is a new E&P company that will be the successor to Brigham Resources. The line of equity financing of up to $780 …

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 …

PetroQuest Enhances Liquidity

PetroQuest Enhances Liquidity

PetroQuest Energy (ticker: PQ) has taken steps to enhance the liquidity of the company and shore up the balance sheet. The company announced that it is commencing an exchange offer for its outstanding 10% senior notes due 2017, and outstanding …

Whiting Reduces Debt via a Debt for Equity Transaction

Whiting Reduces Debt via a Debt for Equity Transaction

Whiting Petroleum (ticker: WLL) has initiated an exchange offering for senior notes aimed at lowering debt and leverage through the mandatory conversion of senior notes to equity. The announcement on June 22, 2016, will encompass $377.0 million worth of nonconvertible …

Enbridge Income Fund Holdings Inc. Announces $500 Million Common Share Offering

Enbridge Income Fund Holdings Inc. Announces $500 Million Common Share Offering

CALGARY, ALBERTA–(Marketwired – April 11, 2016) Enbridge Income Fund Holdings Inc. (the “Company”) (TSX:ENF) today announced that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, BMO Capital Markets and CIBC Capital Markets for the …

April 11, 2016 - 5:04 pm Canada
Southwestern Energy Announces It Will Make Preferred Dividend Payment with Common Stock

Southwestern Energy Announces It Will Make Preferred Dividend Payment with Common Stock

On March 16, 2015, Southwestern Energy (ticker: SWN) announced a quarterly dividend payment on the company’s 6.25% Series B Mandatory Convertible Preferred Stock. Southwestern has elected to make this payment in common shares as opposed to cash, or a “payment-in-kind” …

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 …

Callon Petroleum: Q4 Earnings Highlights and Stock Offering

Callon Petroleum: Q4 Earnings Highlights and Stock Offering

Paying down debt, looking at Permian acquisitions

On March 3, 2016, Callon Petroleum (ticker: CPE) announced its intent to issue a total allotment of 15,250,000 shares of common stock including the underwriter’s option, resulting in net proceeds of $86.2 million.…

Source: WPX

Rice Energy Closes $500 Million Funding Deal with EIG Global Energy Partners

Rice Energy (ticker: RICE; RiceEnergy.com) has closed a financing agreement with EIG Global Energy Partners (“EIG”; www.EIGpartners.com).

EIG has agreed to a $500 million equity investment with Rice:  $375 million upfront in exchange for preferred equity and common …

Smart Money Finds Oil and LNG

Smart Money Finds Oil and LNG

Few investors can move the needle like Warren Buffet, the most successful investor of the 20th century.

“The dynamism embedded in our market economy will continue to work its magic. Gains won’t come in a smooth or uninterrupted manner; …

September 1, 2015 - 7:05 pm Commodity Pricing, LNG, Oil and Gas 360 Articles
$10.5 Billion Raised by Canadian Oil and Gas Companies so Far in 2015

$10.5 Billion Raised by Canadian Oil and Gas Companies so Far in 2015

Debt and equity raises rebound following the end of 2014

Publicly-listed Canadian oil and gas companies raised $10.5 billion in debt and equity raises in the first half of 2015, nearly in-line with the previous year before oil prices tumbled, …

July 6, 2015 - 6:40 pm Canada, Oil and Gas 360 Articles