Below is a list of qualified capital markets transactions reported to The Texas Lawbook during 2025. The list is organic, designed to grow as deals are reported. So if you have deals that qualify or are missing, please send them to CDTRoundup@texaslawbook.net or submit them to The Lawbook through our portal found HERE.
What qualifies: Transactions that are led by, or include contributions by, a firm’s Texas offices. When in doubt, submit your deals. The contributions of Texas attorneys must coincide with any firm postings elsewhere (i.e. a “lead attorney” submitted to The Lawbook must be the same as the lead attorney listed on your website or on filings with the SEC — we check).
Texas-Related Capital Markets Transactions 2025
Updated March 28, 2025
| Value | Date | Issuer (HQ | Business Sector | Category | Client | Law Firm | Lead Lawyer (Office) | Co-Lead (Office) |
|---|---|---|---|---|---|---|---|---|
| 3,600 | 01/06/2025 | APA Corporation (Houston, TX) | ENERGY: OIL & GAS | Exchange | Tender Offer | APA Corporation | Bracewell | Troy Harder (Houston) | William Anderson (Houston) |
| 3,000 | 02/14/2025 | Energy Transfer (Dallas, TX) | ENERGY: MIDSTREAM | Public Offering: Debt | Energy Transfer | Latham & Watkins | Kevin Richardson (Houston) | Samuel Rettew (Austin) |
| 2,000 | 03/10/2025 | MPLX (Findley, OH) | ENERGY: OIL & GAS | Public Offering: Debt | MPLX | Jones Day | Michael Solecki (Cleveland) | Ferrell Keel (Dallas) |
| 1,475 | 02/11/2025 | Snap Inc. (Santa Monica, CA) | TECHNOLOGY | Notes Issue | Snap Inc. | Latham & Watkins | Seth Gottlieb (Silicon Valley) | Alex Kassai (Silicon Valley) |
| 1,475 | 02/11/2025 | Snap Inc. (Santa Monica, CA) | TECHNOLOGY | Notes Issue | INITIAL PURCHASERS | Sidley Austin | Natalie Karam (Century City) | Johnny Skumpija (New York) |
| 1,400 | 01/24/2025 | HF Sinclair Corporation (Dallas, TX) | ENERGY: OIL & GAS | Notes Issue | HF Sinclair Corporation | Vinson & Elkins | Katherine Frank (Dallas) | David Stone (Houston) |
| 1,250 | 02/13/2025 | Sysco Corporation (Houston, TX) | DISTRIBUTION/WHOLESALE | Notes Issue | BofA Securities, Goldman Sachs, J.P. Morgan | Baker Botts | Eileen Boyce (Houston) | Michael Mazidi (Houston) |
| 1,100 | 01/30/2025 | Viper Energy (Midland, TX) | ENERGY: OIL & GAS | Public Offering: Equity | JP Morgan, Citigroup, Mizuho and Morgan Stanley | Latham & Watkins | Michael Chambers (Houston) | David Miller (Austin) |
| 1,000 | 01/13/2025 | Plains All American Pipeline (Houston, TX) | ENERGY: MIDSTREAM | Notes Issue | Plains All American Pipeline | Vinson & Elkins | Scott Rubinsky (Houston) | David Palmer Oelman (Houston) |
| 1,000 | 01/13/2025 | Plains All American Pipeline (Houston, TX) | ENERGY: MIDSTREAM | Notes Issue | JP Morgan, BMO Capital Markets, Mizuho Securities and Scotia Capital | Baker Botts | Doug Getten (Houston) | Josh Davidson (Houston) |
| 1,000 | 01/17/2025 | El Puerto de Liverpool (Mexico) | RETAIL | Notes Issue | El Puerto de Liverpool | Simpson Thacher | Juan Francisco Mendez (New York) | |
| 1,000 | 03/12/2025 | Steel Dynamics (Fort Wayne, IN) | MANUFACTURING | Public Offering: Debt | JP Morgan et al | A&O Shearman | Jason Lehner (Toronto) | Taylor Landry (Houston) |
| 850 | 02/03/2025 | Cleveland-Cliffs (Cleveland, OH) | MANUFACTURING | Notes Issue | Cleveland-Cliffs | Jones Day | Michael Solecki (Cleveland) | Ferrell Keel (Dallas) |
| 733 | 02/20/2025 | Parker-Hannifin (Cleveland, OH) | MANUFACTURING | Public Offering: Debt | Citigroup et al | Jones Day | Pete Zwick (Dallas) | |
| 650 | 02/05/2025 | Valero Energy Corporation (San Antonio, TX) | ENERGY: MIDSTREAM | Notes Issue | Valero Energy Corporation | Baker Botts | Jamie Yarbrough (Houston) | Timothy Taylor (Houston) |
| 506 | 02/12/2025 | Karman Holdings (Huntington Beach, CA) | AEROSPACE/DEFENSE | IPO | Karman Holdings | Willkie Farr & Gallagher | Brandon McCoy (Dallas) | Sean Ewan (New York) |
| 500 | 01/08/2025 | Kimmeridge Texas Gas (Houston, TX) | ENERGY: OIL & GAS | Notes Issue | Kimmeridge Texas Gas | Kirkland & Ellis | Julian Seiguer (Houston) | Atma Kabad (Houston) |
| 500 | 01/08/2025 | Kimmeridge Texas Gas (Houston, TX) | ENERGY: OIL & GAS | Notes Issue | Initial purchasers | Latham & Watkins | David Miller (Austin) | Samuel Rettew (Austin) |
| 500 | 02/06/2025 | TransMontaigne Partners (Denver, CO) | Notes Issue | Initial Purchaser | Vinson & Elkins | Thomas Zentner (Austin) | Ramey Layne (Denver | Houston) | |
| 500 | 02/27/2025 | CenterPoint Energy Houston Electric (Houston, TX) | ENERGY: POWER & UTILITIES | Bond Issue | CenterPoint Energy Houston Electric | Baker Botts | Timothy Taylor (Houston) | Clint Rancher (Houston) |
| 500 | 03/11/2025 | Aris Water Solutions (Houston, TX) | ENERGY: OIL FIELD/THIRD PARTY | Public Offering: Debt | Aris Water Solutions | Gibson Dunn & Crutcher | Hillary Holmes (Houston) | Cynthia Mabry (Houston) |
| 500 | 03/11/2025 | Aris Water Solutions (Houston, TX) | ENERGY: OIL FIELD/THIRD PARTY | Public Offering: Debt | Citigroup Global Markets | Latham & Watkins | David Miller (Austin) | Samuel Rettew (Austin) |
| 409 | 01/03/2025 | Flowco Holdings (Houston, TX) | ENERGY: OIL FIELD/THIRD PARTY | Notes Issue | Flowco Holdings | Sidley Austin | David Buck (Houston) | John Stribling (Houston) |
| 409 | 01/03/2025 | Flowco Holdings (Houston, TX) | ENERGY: OIL FIELD/THIRD PARTY | Notes Issue | Underwriters | Latham & Watkins | Ryan Maierson (Houston) | Nick Dhesi (Houston) |
| 400 | 01/28/2025 | Vermilion Energy (Calgary, Canada) | ENERGY: OIL & GAS | Private Offering | Note Offering | Initial Purchasers | Latham & Watkins | David Miller (Austin) | Mollie Duckworth (Austin) |
| 305 | 03/12/2025 | Cleco Power (Pineville, LA) | ENERGY: POWER & UTILITIES | Bond Issue | Cleco Power | Baker Botts | Tim Taylor (Houston) | Jamie Yarbrough (Houston) |
| 300 | 02/27/2025 | Diversified Energy (Birmingham, AL) | ENERGY: OIL & GAS | ABS | Diversified Energy | Kirkland & Ellis | Rudgee Charles (Dallas) | Chris Heasley (Austin) |
| 265 | 01/30/2025 | Atlas Energy Solutions (Austin, TX) | ENERGY: OIL FIELD/THIRD PARTY | Public Offering: Equity | Atlas Energy Solutions | Latham & Watkins | David Miller (Austin) | Monica White (Houston) |
| 250 | 01/07/2025 | Summit Midstream Corporation (Houston, TX) | ENERGY: MIDSTREAM | Secondary Offering | INITIAL PURCHASERS | Baker Botts | Clint Culpepper (Austin) | Morgan Copher (Dallas) |
| 239 | 01/30/2025 | Infinity Natural Resources (Morgantown, WV) | ENERGY: OIL & GAS | IPO | Infinity Natural Resources | Kirkland & Ellis | Matthew Pacey (Houston) | Michael Rigdon (Houston) |
| 239 | 01/30/2025 | Infinity Natural Resources (Morgantown, WV) | ENERGY: OIL & GAS | IPO | UNDERWRITER(S) | Latham & Watkins | David Miller (Austin) | Monica White (Houston) |
| 200 | 01/13/2025 | CNX Resources Corporation (Canonsburg, PA) | ENERGY: OIL & GAS | Notes Issue | CNX Resources Corporation | Latham & Watkins | David Miller (Austin) | Monica White (Houston) |
| 200 | 01/13/2025 | CNX Resources Corporation (Canonsburg, PA) | ENERGY: OIL & GAS | Notes Issue | INITIAL PURCHASERS | Vinson & Elkins | Thomas Zentner (Austin) | David Harry Stone (Houston) |
| 200 | 01/29/2025 | Drugs Made In America Acquisition Corporation (Fort Lauderdale, FL) | SPAC | IPO | Clear Street | Winston & Strawn | Michael Blankenship (Houston) | Ben Smolij (Houston) |
| 193 | 02/06/2025 | Mach Natural Resources (Oklahoma City, OK) | ENERGY: OIL & GAS | Public Offering: Equity | Underwriters | Baker Botts | Doug Getten (Houston) | Joshua Davidson (Houston) |
| 165 | 01/14/2025 | Calumet (Indianapolis, IN) | ENERGY: OIL FIELD/THIRD PARTY | Notes Issue | ATM | Calumet | Gibson Dunn & Crutcher | Hillary Holmes (Houston) | Robbie Hopkins (Houston) |
| 165 | 01/14/2025 | Calumet (Indianapolis, IN) | ENERGY: OIL FIELD/THIRD PARTY | Notes Issue | ATM | SALES AGENT | INITIAL PURCHASERS | Baker Botts | Eileen Boyce (Houston) | Joshua Davidson (Houston) |
| 123 | 02/19/2025 | Diversified Energy (Birmingham, AL) | ENERGY: OIL & GAS | Public Offering: Equity | Diversified Energy Company | Gibson Dunn & Crutcher | Hillary Holmes (Houston) | |
| 123 | 02/19/2025 | Diversified Energy (Birmingham, AL) | ENERGY: OIL & GAS | Public Offering: Equity | Citigroup et al | Vinson & Elkins | David Oelman (Houston) | Mike Telle (Houston) |
| 100 | 01/14/2025 | Hess Midstream (Houston, TX) | ENERGY: MIDSTREAM | Repurchase | Board of Directors of Hess Midstream | Gibson Dunn & Crutcher | Hillary Holmes (Houston) | Stella Tang (Houston) |
| 100 | 01/14/2025 | Hess Midstream (Houston, TX) | ENERGY: MIDSTREAM | Repurchase | SPONSOR(S) | Latham & Watkins | Thomas Brandt (Houston) | |
| 100 | 02/20/2025 | Suburban Propane Partners (Whippany, NJ) | ENERGY: DOWNSTREAM | ATM/Forward Sale | Wells Fargo, JP Morgan, BofA Securities and Evercore Group | Simpson Thacher | Brian Rosenzweig (Houston) | |
| 75 | 10/25/2024 | Charlton Aria Acquisition Corp (Singapore) | SPAC | IPO | Clear Street | Winston & Strawn | Mike Blankenship (Houston) | |
| 75 | 01/08/2025 | New York Mortgage Trust (New York, NY) | INVESTMENT/MANAGEMENT | Public Offering: Debt | NOTES ISSUE | New York Mortgage Trust | Vinson & Elkins | Christopher Green (Washington, D.C.) | David Harry Stone (Houston) |
| 11 | 02/07/2025 | EPWK HOLDINGS (Xiamen, China) | SOFTWARE/DATA | IPO | Underwriters | Winston & Strawn | Mike Blankenship (Houston) | |
| 7 | 01/16/2025 | PicoCELA Incorporated (Tokyo, Japan) | SERVICES | IPO | Benjamin Securities and Prime Number Capital | Winston & Strawn | Michael Blankenship (Houston) | David Sakowitz (New York) |
| 4 | 01/22/2025 | Houston American Energy Corp. (Houston, TX) | ENERGY: OIL & GAS | Private Placement: Equity | Houston American Energy Corp. | Norton Rose Fulbright | Brian Fenske (Houston) | Amelia Zhang (Houston) |