Investors are still sweet on Permian assets, but a trend of "public investor euphoria" is emerging in the basin. Analysts predict a wave of IPOs in the near future, and according to one CEO, investors are willing to pay more for acreage housed in a public company than what the same acreage is valued in the A&D market. But what could happen if an IPO fails?
The Permian Arbitrage With Hart Energy's Steve Toon
Investors are still sweet on Permian assets, but a trend of "public investor euphoria" is emerging in the basin. Analysts predict a wave of IPOs in the near future, and according to one CEO, investors are willing to pay more for acreage housed in a public company than what the same acreage is valued in the A&D market. But what could happen if an IPO fails?
2014-1-14 PB Toon 1 -WEEK 3