Energy Executives Plan EQV Group’s Second Blank-Check IPO
The $350 million of funds raised will go into escrow alongside the $350 million raised from EQV Group’s first SPAC IPO as the 10-month-old prospective M&A buyer has not yet done a deal.
Infinity’s Utica Oil Output Rising as Play M&A, Expansion Underway
Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.
Utica Oil Player Ascent Resources ‘Considering’ an IPO
The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
Infinity Natural Resources’ IPO Nets Another $37MM
Underwriters of Infinity Natural Resources’ January IPO have fully exercised options to purchase additional Class A common stock at $20 per share.
Encino's Owner Mulls $7B Sale, IPO of Utica E&P, Sources Say
CPP Investments is considering a sale or IPO of Encino Acquisition Partners following January’s IPO of fellow Utica Shale E&P Infinity Natural Resources.
Utica Liftoff: Infinity Natural Resources’ Shares Jump 10% in IPO
Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas.
Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d
Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
US LNG Exporter Venture Global's Shares Dip After IPO
Venture Global’s pre-IPO pricing at $25 a share valued the Gulf Coast LNG operator at some $65 billion, but shares fell below $25 by about 3% in trading Jan. 24.
Venture Global LNG Pares IPO Hopes by 15% to $2.2B
LNG exporter Venture Global nearly halved the price per share, while increasing the number of shares it expects to offer.