Post Tagged with: "stock offering"

Northern Oil and Gas Increases 2018 Production Guidance

Northern Oil and Gas Increases 2018 Production Guidance

Northern Oil and Gas, Inc. (ticker: NOG) expects its Q1 2018 average daily production to increase by 5% to 6% over fourth quarter 2017 – a sequential increase of nearly 1,000 BOEPD.

In a similar vein, Northern will be raising …

Devon Energy Monetizes Assets, Raises CapEx and Production Guidance

Devon Energy Monetizes Assets, Raises CapEx and Production Guidance

Pioneer Natural Resources Acquires Midland Basin Acreage with $827 Million Secondary Offering

Devon Energy Corp. has been piling up the assets sales so far in 2016, announcing on June 15, 2016, the most recent divestiture of assets in the Midland …

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.…

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 …

RSP Permian Raising Equity for the Sixth Time since 2014’s IPO

RSP Permian Raising Equity for the Sixth Time since 2014’s IPO

RSP Permian (ticker: RSPP), a Permian pure-play with more than 47,000 acres in West Texas, has signed a letter of intent to increase its footprint by about 4,100 net acres for an aggregate purchase price of $137 million. The agreement, …