Building "Bridges" Across the Bayou City!
Local nonprofits and an energy technology firm were among the Houston-based companies raising money in the past few weeks. Meanwhile, a local consulting group made an acquisition in Pennsylvania. Here’s a look at where some of the money is going in the…
Read More“If you don’t have access to capital to buy something, you’ll do a merger of equals using equity,” the analyst said. “You’ll merge to get bigger, to reduce your costs.”
Read MoreSouthcross Energy Partners LLC has emerged from Chapter 11 bankruptcy protection with a plan to move its headquarters from Dallas to Houston.
The move is expected to be complete before the end of the first quarter, according to a Feb. 3 press release…
Read MoreOne of the big three credit ratings agencies reported a downward trend in the ratings of oil and gas companies throughout 2019 — and it reached a fever pitch during the fourth quarter. Read more about that and other data points to know in Texas energy …
Read MoreTwo Dallas-based private equity firms are backing a new Houston upstream oil and gas company, Eagle Mountain Energy Partners LLC.
Eagle Mountain was founded with backing from Pearl Energy Investments and NGP Energy Capital, according to Jan. 29 press …
Read MoreWhile midstream companies have largely managed to dodge a wave of bankruptcies sweeping across the energy industry, Haynes and Boone lawyers think there may be trouble ahead.
Read MoreCompanies trying to do an out-of-court restructuring often have trouble corralling a broad base of investors to approve the measures needed to restructure debt. But Key Energy already has an important shareholder’s approval wrapped up.
Read MoreHouston-based Halcón Resources Corp. has changed its name to Battalion Oil Corp., according to a Jan. 27 press release.
The upstream energy company expects to be listed on the NYSE American within the next several weeks.
Previously, Halcón came und…
Read MoreThe company’s bankruptcy impaired its reserve based lender, an uncommon occurrence.
Read MoreFort Worth-based Southland Royalty Company LLC has filed for Chapter 11 bankruptcy protection.
The oil and gas company, backed by Houston-based EnCap Investments LP, owes about $540 million to a revolving credit facility, according to a bankruptcy co…
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