IPO

IPO , Acquisitions & Divestitures

Kimbell Royalty Partners Launches $200 Million SPAC

The SPAC—named Kimbell Tiger Acquisition Corp.—will target the energy and natural resources space in North America, said Kimbell Royalty Partners, which will control the company’s sponsor.

July 30, 2021

IPO

Neptune Energy Considers Launching Nearly $10 Billion IPO

Neptune Energy was founded in 2015 with private equity backing from investors and has operations across Europe, North Africa and the Asia Pacific region.

May 24, 2021

Public Capital , IPO , Energy Transition , Trends

Oil and Gas Investor I-Banking Trends: Cheaper Money

Debt capital is on sale, and public equity markets aren’t closed to oil and gas operators either. Some just don’t have any use right now for the cash—that is, a use that investors would support.

May 14, 2021

IPO , Shale Plays

Blackstone-backed Vine Energy Opens Below Offer Price in Market Debut

Blackstone-backed natural gas explorer Vine Energy’s stock opened at $13.75 per share, giving the company a valuation of $952.7 million.

March 22, 2021

IPO , Energy Transition

Energy Buyout Firm Riverstone Preparing Cleantech SPAC IPO

The new entity will raise money from investors in an IPO, which will form the basis of a war chest to buy a privately-owned clean energy business, sources said.

September 17, 2020

Public Capital , IPO

Saudi Aramco IPO Proceeds Reportedly Rise To $29.4 Billion

The proceeds from Saudi Aramco's record IPO have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel.

December 9, 2019

IPO , Crude Oil

Saudi Arabia Wants OPEC+ To Deepen Oil Cuts Due To Aramco IPO

OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said.

December 2, 2019

IPO

Saudi Aramco IPO Gets $44.3 Billion In Bids So Far

Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Nov. 29, putting its initial public offering on track to be over-subscribed.

November 29, 2019

IPO

Saudi Aramco Won't Breach Maximum Weight For Firms In Saudi Index: Report

Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Nov. 24.

November 24, 2019

IPO

Saudi Aramco In Race For IPO Record With $1.7 Trillion Top Value

Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Nov. 17, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's biggest IPO.

November 17, 2019