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Diamondback Energy Launches IPO For Rattler Midstream Subsidiary

2019-05-13 16:05:27| OGI

Diamondback Energy had initially planned for its Rattler Midstream subsidiary to make its public debut last year but was stopped by tough market conditions thanks to commodity volatility.

Tags: energy subsidiary ipo launches

Marathon Petroleum To Merge Midstream Units, Posts Surprise Loss

2019-05-08 16:03:42| OGI

Marathon Petroleum Corp. said on May 8 it would merge its midstream units in a $9 billion deal, and posted a surprise first-quarter loss due to higher prices of Canadian crude.

Tags: posts loss units surprise

GPA Midstream Leader Sutton Retires

2019-05-03 22:40:12| OGI

Sutton served industry associations for 37 years.

Tags: leader sutton gpa retires

PDC Energy Divests Permian Basin Midstream Assets For $310 Million

2019-05-02 16:15:27| OGI

The sale by PDC Energy of Permian midstream assets in the Delaware Basin helped the Denver-based oil and gas company offset the first-quarter miss, analyst says.

Tags: million energy assets basin