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If energy producers’ Q1 earnings calls this week are any indication, PE firms can choose...

  • Friday, May 4, 2012, 3:24 PM ET
    If energy producers’ Q1 earnings calls this week are any indication, PE firms can choose from plenty of assets should they continue their shopping spree. Exco's (XCO) JV deal with a PE partner that will own its conventional gas assets could reap $300M, buyers for some of Rex Energy’s (REXX) pipelines could bring $100M, and others - UPL, CRK, FST - also are working on deals.
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    Perhaps the PE firm won't bother to conduct due diligence, or somehow will manage to leave all the liability associated with the conventional gas assets entirely with EXCO.
    5 May 2012, 04:11 PM Reply Like
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