NEQ Operating Strengthens Leadership Team to Support Next Phase of Growth
NEQ Operating, a privately held Quantum Capital Group-backed Lower 48 upstream operator, named John Raines as President and COO and Michael Magilton as CFO. Both hires are Devon Energy alumni in senior roles: Raines was EVP of Exploration & Production at Devon and Harris, now NEQ's CEO, was Devon's Chief Corporate Development Officer.
Key figures
- Devon transactions led
- $40 billion
- Quantum prior investments
- $3 billion of equity
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.