Finance - News

Oasis Plans IPO For New Midstream MLP

New unit is expected to grow Oasis midstream business.

2017/05/09

Resolute Energy Launches Debt Offering To Fund Delaware Deal

Resolute Energy is offering $125 million of its 2020 notes. The company said it plans to use the proceeds to finance its acquisition of Delaware Basin properties in Reeves County, Texas.

2017/05/09

Rex Energy To Launch 1-For-10 Reverse Stock Split

Rex Energy said the reverse stock split is intended to maintain its listing on NASDAQ and broaden the range of potential investors in the company.

2017/05/08

Memorial Production Partners Emerges From Bankruptcy With New Name

Memorial Production Partners LP said May 4 it successfully completed its financial restructuring, emerging from Chapter 11 as a new corporation named Amplify Energy Corp.

2017/05/05

Antero Midstream GP Raises $875 Million In IPO

Proceeds from IPOs of MLPs, the structure used by most energy firms to house assets that ship and store oil and gas, dropped to $323 million last year from $4.9 billion in 2015, according to Thomson Reuters data, Reuters reported.

2017/05/04

TransCanada To Sell Interests In Two Gas Pipelines For $765 Million

Stakes in Iroquois and Portland systems will be dropped down to TC Pipelines.

2017/05/04

Lucid Secures $250 Million Investment From Magnetar

Funds will be used to for Lucid’s Permian Basin infrastructure buildout.

2017/05/02

Rex Energy Closes New $300 Million Term Loan Agreement

Tom Stabley, president and CEO, said the transaction supports Rex Energy's two-year development plan in the Appalachian Basin.

2017/05/01

Cenovus Energy Posts Smaller-Than-Expected Quarterly Loss

The Calgary, Alberta-based company has lost nearly one-fifth of its value since the deal with ConocoPhillips was announced in late March, Reuters reported.

2017/04/26

Kinder Morgan Files For IPO To Raise Trans Mountain Funds

Kinder Morgan said April 24 its Canadian unit filed a prospectus for an IPO of restricted voting shares, to help finance its C$7.4 billion (US$5.48 billion) Trans Mountain expansion project.

2017/04/25

Supreme Court Rejects Chesapeake's Bid In Bonds Dispute

The justices refused to hear Oklahoma City-based Chesapeake's appeal of a September 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

2017/04/24

Covey Park Pays Down Debt As It Explores IPO

Deals in 2016 by Covey Park, the largest acreage holder in the Haynesville/Bossier shales, have fueled speculation that it might explore an IPO.

2017/04/24

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