Finance - Equity

After Prosperous 2016, Private Equity Makes Its Plays

In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.


California Resources To Accelerate Activity With $250 Million JV

The Los Angeles-based company formed a joint venture with Benefit Street for the investment of up to $250 million for the development of opportunities in its conventional and unconventional assets.


Without Delays, DAPL Financial Deals Fall Into Place

ETP, MPLX and Enbridge complete transactions on the Bakken Pipeline System.


Report Reveals Midstream Investing Risk By Scrutinizing Operations, Financials

East Daley takes a granular approach in its outlook for 23 prominent midstream public companies.


Kimbell Royalty Partners Opens IPO

Raymond James is the lead book-running manager. RBC Capital Markets and Stifel are joint book-running managers. Stephens Inc. and Wunderlich are co-managers.  


US Well Services Completes Recapitalization, Appoints CEO And COO

The company, which provides high-pressure fracking services in the Marcellus and Utica shales, also appointed Joel Broussard as CEO and Nathan Houston as COO.


EIV Capital Closes $450 Million Midstream Private Equity Fund

The midstream infrastructure projects it will support include gathering, processing, distribution, storage and marketing of oil, natural gas and refined products. It will also support related segments of the energy value chain, the firm said.


Trican Sells NOV Shares Related To Closed Sale Of Completion Tools Business

On Jan. 20, Keane priced the offering of about 26.76 million common shares at US$19 each, with 15.7 million being offered by Keane and about 11 million being offered by the selling stockholders including Trican.


Krewe Energy Receives Equity From Coral Reef Capital

Barry Salsbury, managing partner of Krewe Energy, said that this transaction created a partnership with two financial sponsors.


Williams Closes $1.88 Billion Common Stock Offering

The net proceeds of about $1.88 billion were used to purchase newly issued common units representing limited partnership interests in Williams Partners LP. The units were priced at about $36 each.


ETP Prices $1.5 Billion Of Senior Notes

The net proceeds—about $1.48 billion–will refinance current maturities and repay outstanding revolving credit facility borrowings, the company said.


Williams Prices Offer Of 65 Million Common Shares

Underwriters received a 30-day option to purchase 9.75 million additional shares, and the offering is scheduled to close on Jan. 13.