(Permian Resources, 21.Aug.2023) — Permian Resources Corporation (NYSE: PR) and Earthstone Energy, Inc. (NYSE: ESTE) have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 bn, inclusive of Earthstone’s net debt. Under the terms of the transaction, each share […]
Tag: Earthstone Energy
Earthstone Closes Bighorn Acquisition as well as Debt and Equity Financings
(Earthstone Energy, 14.Apr.2022) — Earthstone Energy, Inc. (NYSE: ESTE) announced the closing of the acquisition of assets of privately held Bighorn Permian Resources, LLC in the Midland Basin. The company also announced the closing of a $550mn private offering of senior unsecured notes; a $280mn private placement of equity (the “PIPE”); and an amendment to […]