The recent drop in oil prices will likely spur a flurry of industry restructurings, governed by a complex set of bankruptcy and state laws.
At the close of business on December 31, 2014, the...more
Ten practical considerations can help companies around the world tap the significant US capital market with IPOs.
Investors in the United States continue the search for yield. Over the past several years, over 60...more
Several trends bode well for continued robust activity in the oil and gas space for the foreseeable future.
Capital markets and M&A activity in the energy industry remains robust, with all categories showing...more
The rise of master limited partnerships (MLPs) as an asset class has coincided with investors’ desire for stable and growing cash flow. In 2013, there were 21 initial public offerings (IPOs) of MLPs and more are on the way in...more
While oil and gas M&A activity declined slightly in 2013, the industry seems poised to reward players who understand the market’s signals. M&A activity in 2013 reveals some interesting trends driving the market. With...more
The UP-C structure — which offers tax benefits to pre-IPO investors and sponsors — likely will expand among energy companies.
In 2013, several energy companies went public using a so-called UP-C structure. In using...more
MLPs possess unique governance characteristics as compared to corporations.The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing from 59 in 2009 to over 100 in 2013. An...more
Understanding what and when decisions need to be made can help companies ensure a smooth MLP IPO process.
The number of master limited partnerships (MLPs) has grown significantly over the past five years, increasing...more
Offshore MLPs can provide a tax efficient vehicle for investors, but only if structured properly.
A master limited partnership (MLP) is a partnership or limited liability company traded on a stock exchange that...more