- The Wall Street Journal•2 hours ago
Oil prices are mired in their worst slump in decades, but you wouldn’t know it from the land grab underway in the crude-rich Permian Basin.
- Bloomberg•5 hours ago
Blackstone Energy Partners LP is partnering with two oil and gas companies as it targets assets in the sought-after Permian shale formation.
- Reuters•5 hours ago
Asset manager Blackstone Group LP will invest about $1.5 billion in the oil-rich Permian basin, in Texas and New Mexico. The company said it would partner with oil and gas company Jetta Operating Co Inc to create Jetta Permian, which will spend $1 billion on assets in the Delaware Basin, located in the larger Permian basin. Blackstone also said it would spend $500 million on future acquisitions, to be made through its recently formed oil and gas company, Guidon Energy.
The Blackstone Group L.P. (BX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||27.85 x 200|
|Ask||27.95 x 300|
|Day's Range||27.77 - 28.23|
|52wk Range||22.31 - 36.54|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||58.69|
|Avg Vol (3m)||4,182,796|
|Dividend & Yield||1.44 (5.10%)|