Aethon Eyes $10 Billion Move as Data Demand Grows ...Middle East

Economy by : (OILPRICE) -
Aethon Energy Management is exploring strategic options for its $10 billion natural gas assets, potentially setting the stage for one of the largest transactions in the U.S. natural gas sector in recent years. Working with investment giants Goldman Sachs and Citigroup, Aethon is considering both a sale and an initial public offering, with a final decision expected by 2025. As one of the nation’s largest private natural gas producers, Aethon’s assets include significant upstream and midstream holdings, primarily concentrated in the prolific…

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