Building "Bridges" Across the Bayou City!
Weatherford International PLC, which has its main U.S. office in Houston, filed its $8.34 billion bankruptcy in July and didn’t emerge from the court until December.
The company’s Chapter 11 restructuring cut away about $6.2 billion in debt and put an…
Read MoreThe company is facing a dearth of peers to purchase on the M&A market, so it’s looking to develop its own growth internally.
Read MorePublic investors want energy companies to swap their growth models for one that produces more free cashflow, and they want it now. Those that can’t are facing off against a variety of factors that are pushing some out of public markets entirely.
Read MoreHouston’s largest deal of 2019 came a little past the halfway point of the year, when Houston-based Occidental Petroleum Corp. (NYSE: OXY) closed its $55 billion acquisition of The Woodlands-based Anadarko Petroleum Corp.
The deal had already had a …
Read MoreThe company’s headcount has also been growing rapidly.
Read MoreA subsidiary of Ohio-based MLPX LP (NYSE: MPLX) has picked up an agreement with a Houston-area school district cutting taxes on a project worth nearly half a billion dollars.
Angleton Independent School District agreed to tax the project as though it …
Read MoreThe company will have to expand its headcount to staff the new assets.
Read MoreSuperior Energy Services Inc. has reached an agreement to spin off a number of its core U.S. business lines into a separate public company to be based in Houston.
Houston-based Superior is combining those business lines with Alice, Texas-based Forbes …
Read MoreIrving, Texas-based Celanese Corp. (NYSE: CE) has reached an agreement to build a new petrochemical unit in Clear Lake in exchange for millions of dollars in tax incentives from the local school district.
The La Porte Independent School District has a…
Read MoreHouston-based Phillips 66 (NYSE: PSX) plans to spend about $2.15 billion on growth in 2020.
Phillips 66, which produces more revenue than any other Houston-based public company, will put the lion’s share of that capital to work in its midstream segmen…
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