 |
Kekst CNC handled Landbridge’s initial public offering as its shares rose as much as 23.5 percent on their first day of trading on June 28. Shares opened at $19.
Landbridge owns 220K acres across Texas and New Mexico in the oil and natural gas-rich Permian Basin region.
Occidential Petroleum, ConocoPhillips, EOG Resources, and Mewbourne Oil are among the energy giants that are drilling on Landbridge’s properties.
Five Point Energy, a private equity firm that invests in energy, environmental water management and sustainable infrastructure companies within the Permian Basin, founded Landbridge in 2021.
Landbridge’s shares are currently trading at $23.94.
Kekst CNC’s Landbridge team includes Daniel Yunger, Jon Morgan, Nathaniel Shahan and Zach Blumberg.
ICR Inc. works for LongRange Capital as the Stamford private equity firm acquires Pizza Hut from Yum Brands for $1.5B.
FGS Global handles Fox Corp. as it agrees to acquire The Roku Channel, which relies on Joele Frank, in a deal valued at $22B.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
