Tulsa-based WPX Energy plans to discuss its third-quarter 2019 financial and operations results during a webcast on Thursday, Oct. 31, 2019, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event and …
September 26, 2019 archive
NGL acquires Hillstone Environmental in $600 million deal
Tulsa’s NGL Energy Partners LP announced it has executed a definitive agreement to acquire all of the equity interests of Hillstone Environmental Partners, LLC from Golden Gate Capital for approximately $600 million, subject to certain adjustments. Hillstone provides water pipeline and disposal infrastructure solutions to producers with a core operational focus in the state line …
NGL issues $200 million in notes to fund acquisition
Tulsa-based NGL Energy Partners LP announced that on September 25, 2019, it entered into an agreement with institutional investors for the private placement of $200 million of NGL’s Class D Preferred Units and warrants to purchase common units representing equity interests in NGL. The Class D Preferred Units are additional preferred units of the …
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