Finance - Exclusives

Analysts: Worst Of Energy Bankruptcies In Rearview Mirror

Oilfield services still face bankruptcy threat, but rest of industry relatively in the clear for this year.

2016/08/16

Oilfield Service Sector On Course To Hit $110 Billion Debt Wall

Analysts’ report describes massive amount of maturing, expiring debt facing oilfield services sector.

2016/08/10

Insight From Alerian: Maturing MLPs

MLPs as an asset class have matured, and picking winners is now more difficult.

2016/08/02

Williams Stock Goes Up As Dividend Goes Down

Williams cuts dividend by 69%, citing turmoil after failed ETE merger and low commodity prices.

2016/08/02

Finance - Acquisitions & Divestitures

Sempra’s IEnova Completes Acquisition Of Pemex Stake In Mexico Pipeline JV

Pemex will retain 50% shareholder interest in the Ramones II Norte Pipeline project through Ductos y Energeticos del Norte S de RL de CV.  

2016/09/28

Shell Midstream Acquires Interests In GoM Assets For $350 Million

For $350 million, the Houston company will buy an additional 20% equity interest in Mars Oil Pipeline Co. and a 49% equity interest in Odyssey Pipeline LLC.

2016/09/28

Vitol Bucks Trend, Backs Out Of Permian

Sunoco Logistics purchases Vitol’s Permian crude system for $760 million.

2016/09/27

Sunoco Will Purchase Vitol's Permian Basin Assets

Sunoco said it was offering 21 million common units to partly fund the deal, which is expected to close in the fourth quarter, Reuters reported.

2016/09/26

Finance - Debt & Equity

Enterprise Products Operating Extends Revolving Credit Agreement

Under the terms of the amended facility, EPO may borrow up to $1.5 billion, which may be increased by up to $200 million to $1.7 billion.

2016/09/15

Noble Midstream Prices IPO Above Earlier Expectations

Noble Midstream Partners LP will own and operate pipelines and processing assets largely in Colarado's Weld County. Noble will use the proceeds from the IPO to put cash back into its parent company.

2016/09/15

PBF Logistics Reports Update On $88 Million Common Unit Offering

PBF used a portion of the proceeds to fund part of the purchase price for its recently completed acquisition of a 50% interest in Torrance Valley Pipeline Co. LLC from an affiliate of PBF Energy Inc. 

2016/09/13

Antero Midstream Will Offer Private Placement Of Notes

Antero Midstream Partners LP said Sept. 6 that it will  offer $500 million of senior unsecured notes due 2024 in a private placement.

2016/09/07