David Leuschen and Pierre Lapeyre, the founding partners of Riverstone, visited TPH today and addressed a firm wide audience over lunch. The broad ranging discussion covered many topics, including the current environment, the complexities involved in large transactions, the importance of relationships and experience in the energy space, and some of the central tenets of the Riverstone culture. Private equity … Read More
TPH Serves as a Senior Co-Manager on Rice Midstream Partners’ Initial Public Offering
Tudor, Pickering, Holt & Co. serves as a Senior Co-Manager on Rice Midstream Partners’ (NYSE: RMP) $413 million initial public offering. For Rice Midstream Partners’ press release regarding this transaction, please click the link below.
TPH Hosts Inaugural Royalties Conference: A New Look at an Old Asset
Sparked by the immensely successful IPOs of Viper Energy Partners and PrairieSky Royalty Ltd., there has been a significant resurgence of interest in the oil and gas royalty space since this summer. According to various estimates (including TPH), the production from royalty and mineral interests in the US generates nearly $100 billion of annual cash flow that could exceed a … Read More
TPH Research Initiates Coverage on Antero Midstream Partners
Tudor, Pickering, Holt & Co. Research has initiated coverage on Antero Midstream Partners (AM) with an Accumulate rating.
Bobby Tudor on Bloomberg – Oil Staying Near $65 May Be Energy M&A ‘Catalyst’
Bobby Tudor, CEO of Tudor, Pickering, Holt & Co., discusses the impact of declining oil prices on M&A activity.
TPH Research Initiates Coverage on US Independent Refiners
Tudor, Pickering, Holt & Co. Research has initiated coverage on a group of 10 U.S. independent refiners. With a Buy rating: Delek US Holdings (DK), Marathon Petroleum (MPC), Tesoro (TSO), and Valero Energy (VLO). With a Hold rating: CVR Refining (CVRR), Northern Tier Energy LP (NTI), and Western Refining (WNR). With a Trim rating: Alon USA Partners, LP (ALDW), Alon … Read More
TPH Advises PBF Logistics on the Acquisition of the Toledo Tank Farm
TPH serves as financial advisor to the Conflicts Committee of PBF Logistics LP (NYSE: PBFX) in its acquisition of the Toledo Tank Farm. For PBF Logistics’ press release regarding this transaction, click the link below.
TPH Research Initiates Coverage on Fairmount Santrol
Tudor, Pickering, Holt & Co. Research has initiated coverage on Fairmount Santrol (NYSE:FMSA) with an Accumulate rating.
TPH Advises Crestwood Midstream Partners on the Acquisition of an Interest in Tres Palacios Holdings LLC
TPH serves as financial advisor to the Conflicts Committee of Crestwood Midstream Partners LP (NYSE: CMLP) on its acquisition of a 50.01% interest in Tres Palacios Holdings LLC. For Crestwood’s press release regarding this transaction, click the link below.
TPH Serves as a Co-Manager on the American Energy – Permian Basin Exchangeable Junior Subordinated Notes Offering
Tudor, Pickering, Holt & Co. serves as a Co-Manager on the American Energy – Permian Basin $515 million exchangeable junior subordinated notes offering. For American Energy – Permian Basin’s press release regarding this transaction, please click the link below.