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 Co., which held a successful IPO in August, added about 53,000 acres and now holds about 273,000 acres.
Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.
Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Texas Capital has had to navigate trends impacting the financial markets, such as an emphasis on ESG and less-than-favorable equity markets, said Daniel Hoverman, Texas Capital's head of corporate and investment banking, at ECC.
Powder River Basin E&P Peak Resources expects to raise more than $57 million in net proceeds and follows a number of companies that have gone public or intend to test the public markets.
Haynesville producer Aethon Energy is focused on investor returns, additional bolt-on acquisitions and mainly staying “IPO ready,” the company’s Senior Vice President of Finance said Oct. 3 at Hart Energy’s Energy Capital Conference (ECC) in Dallas.
Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
The market for new E&P and energy IPOs has been tepid since the COVID-19 pandemic. But investor appetite is growing for new small- and mid-sized energy IPOs, says Citigroup Managing Director Dylan Tornay.