Tuesday, March 25, 2025

How $30 Oil Changed the Race for President

From The Hill Historically low oil prices are changing the debate over energy policy as they create concerns for the domestic industry and threaten the global economic order. The crash of oil prices began in late 2014, dropping the cost of a barrel below $50 for nearly nine months. It hit a low point below $27 in February and has

Black Stone Minerals, L.P. to Acquire $102 Million of Assets from Freeport-McMoRan Oil & Gas

HOUSTON–(BUSINESS WIRE)–Apr. 21, 2016– Black Stone Minerals, L.P. (NYSE:BSM) (“Black Stone Minerals” or “the Partnership”) announced today it has entered into an agreement with Freeport-McMoRan Oil & Gas and certain of its affiliates to acquire a diverse oil and gas mineral asset package for $102 million. The Partnership also has scheduled its first quarter of 2016 earnings call. Management Commentary

WPX Energy Commences Tender Offer for 2017 Senior Notes

4/25/2016 TULSA, Okla.–(BUSINESS WIRE)– WPX Energy (NYSE: WPX) announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 5.250 percent Senior Notes due 2017 (the “Notes”). The total purchase price offered for each $1,000 principal amount of Notes that are validly tendered and not validly withdrawn at or prior to the Expiration