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Vinson & Elkins represented Sunoco LP (NYSE: SUN) (“Sunoco”) in connection with an aggregate $3.4 billion in capital markets financings, including its upsized, multi-tranche offering of $1.9 billion aggregate principal amount of senior notes and its upsized offering of $1.5 billion of 7.875% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units.

On August 5, 2025, Presidio Petroleum, an oil and gas operator headquartered in Ft. Worth, Texas with more than 2,000 wells in Texas, Oklahoma, and Kansas, entered into a definitive business combination agreement with EQV Ventures Acquisition Corp. (“EQV”), a special purpose acquisition company sponsored by EQV Group, that will result in Presidio becoming a publicly listed company.

Vinson & Elkins advised KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) (the “Company”), an onshore provider of oilfield services servicing the Permian, Eagle Ford, Rockies, Bakken, Marcellus, Utica and MidCon basins, in a refinancing transaction (the “Refinancing”).

Vinson and Elkins advised Barclays Capital Inc., the initial purchasers’ representative, in connection with TransMontaigne Partners LLC’s upsized offering of $500 million aggregate principal amount of 8.500% senior unsecured notes due 2030.

Vinson & Elkins represented Fervo Energy Company (“Fervo”) in its $135 million corporate equity financing.