DoublePoint Energy and Double Eagle Energy Holdings Announce Upsized Borrowing Base Commitment Alongside Existing Equity Commitment for Investment in Oil & Gas Assets in the Permian Basin
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Business Wire
-- Significant Capital Available to Pursue High-Quality Opportunities -- FORT WORTH, Texas--(BUSINESS WIRE)--DoublePoint Energy, LLC (“DoublePoint”) announced the successful increase of its syndicated credit facility. This increase along with over $750 million of undrawn existing equity commitments provides significant capital to continue to pursue high-quality opportunities in the Permian Basin.The existing equity commitments come from funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), Quantum Energy Partners (together with its consolidated subsidiaries, “Quantum”), Magnetar Capital, funds managed by GSO Capital Partners LP, Double Eagle Energy Holdings (“Double Eagle”), FourPoint Energy (“FourPoint”) and other investors.The 45% increase in DoublePoint’s syndicated RBL facility comes at a time when credit availability is significantly limited. The existing bank group unanimously approved the increase,
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APO
Earnings
- 11/4/25 - Beat
APO
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- APO's page on the SEC website