In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.
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.
ETP, MPLX and Enbridge complete transactions on the Bakken Pipeline System.
East Daley takes a granular approach in its outlook for 23 prominent midstream public companies.
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.
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.
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.
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.
Barry Salsbury, managing partner of Krewe Energy, said that this transaction created a partnership with two financial sponsors.
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.