The Latest

Artificial Lift Firm Flowco’s Stock Surges 23% in First-Day Trading

Shares for artificial lift specialist Flowco Holdings spiked 23% in their first day of trading. Flowco CEO Joe Bob Edwards told Hart Energy that the durability of artificial lift and production optimization stands out in the OFS space.

Artificial Lift Firm Flowco Prices IPO Above Guidance at $427MM

Flowco Holdings priced its IPO at $24 per share, above its original guidance. The oilfield services firm will begin trading on the New York Stock Exchange on Jan. 16.

Spartan Delta Ups Bought Deal Financing to $59MM

Underwriters have agreed to purchase approximately 22.2 million of Spartan Delta Corp. common shares, for resale to the public, at CA$3.82 per share (US$2.66), the company said.

Riverstone’s Leuschen Plans to IPO Methane-Mitigation-Focused SPAC

The SPAC will be Riverstone Holdings co-founder David Leuschen’s eighth, following the Permian Basin’s Centennial Resources, the Anadarko’s Alta Mesa Holdings and the Montney’s Hammerhead Resources.

Venture Global Targets $110B in Massive IPO

Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.

Artificial Lift Firm Flowco Seeks ~$2B Valuation with IPO

U.S. artificial lift services provider Flowco Holdings is planning an IPO that could value the company at about $2 billion, according to regulatory filings.

Venture Global LNG Files Paperwork for IPO

Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.

LandBridge Closes Deal for 46,000 Surface Acres in Delaware Basin

LandBridge Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres.

Are Shale Producers Getting Credit for Reining in Spending Frenzy?

An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.

Oilfield Services Firm Flowco Files IPO Paperwork

Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.