Jagged Peak Energy, an oil and gas E&P operating in the Delaware Basin in West Texas, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
WildHorse Resource Development, the second E&P IPO of the year, is trading 3% below the offer price after pricing last Wednesday.
The Denver, CO-based company was founded in 2013 and booked $62 million in sales for the 12 months ended September 30, 2016. It plans to list on the NYSE under the symbol JAG. It had been on our Private Company Watchlist since October 2016. Citi, Credit Suisse and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.
