Financings News
New E&P Scores Capital, on the Hunt For Assets
Terra Energy Partners II Terra Energy Partners II, LLC (“Terra II”) is a privately held oil and gas company headquartered in Houston, Texas. Formed in 2025, Terra II…
New Company Raises $350 Million; On the Hunt For E&P Assets
EQV Ventures Acquisition Corp., the special-purpose acquisition corporation (SPAC), priced it's IPO and raised $350 million. According to the filing the company said " While we may pursue…
Newly Formed Permian E&P Company Gets $500 Million
FireBird Energy II said the Company has secured equity commitments in excess of $500 million from Quantum Energy Partners. The founders and employees of FireBird II, along with…
New E&P Scores $500 Million From Quantum; Heading to DJ Basin
Quantum Energy Partners and the management team of Bison Oil & Gas have jointly announced the formation of Bison Oil & Gas Partners IV, LLC (“Bison IV”), backed…
EQT Corp. Prices $1.0 Billion in Senior Notes Due 2025, 2028
EQT Corp. has priced an underwritten public offering of $1.0 billion in aggregate principal amount of senior notes consisting of: $500 million in aggregate principal amount of its…
Juniper Capital, Boomtown Create New DJ Basin-Focused E&P
Juniper Capital and Boomtown Oil & Gas Co. have announced the formation of North Peak Oil & Gas LLC through the combination of two existing Juniper portfolio entities…
Tellurian Launches Offering of 11.25% Senior Notes Due 2027
Tellurian Inc. intends to offer 11.25% senior secured notes due 2027 ($1,000 principal amount per note) and warrants to purchase shares of Tellurian common stock in an underwritten…
Tidewater Inc. Prices $62.8 Million Public Stock Offering
Tidewater Inc. has priced a public offering of 3,520,000 shares of its common stock at a public offering price of $17.85 per share. The gross proceeds from the…
Williams Prices $1.75B Public Debt Offering
Williams has priced a $1.75 billion public offering of senior notes, consisting of: $1.0 billion of its 4.650% Senior Notes due 2032 at a price of 99.635 percent…
Southwestern Approves $1.0B Stock Buyback Program
Southwestern Energy Co. announced that its Board of Directors authorized a share repurchase program. Key Highlights: Authorization for up to $1 billion of share repurchases through the end…
New E&P Company Scores $1.7 Billion to Focus on Permian Basin
Double Eagle, who sold its Midland Basin assets to Pioneer Natural Resources for $6.0 billion, has raised $1.7 billion to form a new E&P company. Encap, Apollo and…
Callon Prices $600MM Private Offering of 7.5% Senior Notes Due 2030
Callon Petroleum Co. has priced $600 million aggregate principal amount of its 7.500% senior unsecured notes due 2030 in a private offering. On June 9, 2022, the Company…
Equitrans Midstream Pulls $1.0B from Debt Market in Upsized Private Offering
Equitrans Midstream Corp. has priced a $1.0 billion private offering of senior notes. The offering consists of: $500 million aggregate principal amount of its 7.50% senior notes due…
Laredo Petroleum Launches $200MM Share Buyback
Laredo Petroleum Inc. has launched a $200 million share repurchase program. The two-year program is authorized through May 27, 2024. Highlights: $200 million share repurchase program realizes the…
ProFrac Files for IPO as Sand Market Heats Up; Plans Growth in Permian
ProFrac LLC has filed its initial public offering. It is currently estimated that 16 million shares will be offered, and the initial public offering price will be between…
Carnelian Energy Capital Closes Fourth Fund at $975 Million
Carnelian Energy Capital Management announced the closing of its oversubscribed and upsized fourth fund, Carnelian Energy Capital IV, L.P., with $975 million of capital commitments. Founded in 2015,…
Earthstone Launches $550MM Private Offering of Notes Due 2027
Earthstone Energy Inc. subsidiary, Earthstone Energy Holdings LLC, has commenced, subject to market conditions, a private offering of $550 million aggregate principal amount of senior unsecured notes due…
Diamondback Offers $750 Million in 4.250% Senior Notes
Diamondback Energy, Inc. has priced an offering of $750 million of 4.250% senior notes that will mature on March 15, 2052. The price to the public for the…
New E&P Scores Capital; Focus on the Permian
TreadStone Energy Partners III LLC has been funded with an equity commitment in excess of $180 million from Kayne Anderson Energy Fund VIII L.P. and TreadStone III management.…
HighPeak Taps Debt Markets for $225MM in Private Note Offering
HighPeak Energy, Inc. has priced a private placement of $225 million principal amount of 10.0% senior unsecured notes due 2024. The offering is expected to close on February…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |