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FELP News

Lump of coal: Bowie Resource LP withdraws $100 million IPO

Bowie Resource Partners LP, a private equity-backed MLP with three underground coal mines in Utah, withdrew its plans for an initial public offering on Monday, citing market conditions. Its first and only public filing was in June 2015, with a proposed deal size...read more

Cut-rate coal: CNX Coal Resources LP drops proposed IPO price to $15; now offers a 14% yield

CNX Coal Resources LP, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, lowered the proposed deal size for its upcoming IPO on Friday. The Canonsburg, PA-based company now plans to raise $120 million by offering 8.0 million...read more

Fuel for the fire: Coal MLP Bowie Resource Partners files for a $100 million IPO

Bowie Resource Partners LP, a private equity-backed MLP with three underground coal mines in Utah, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Another coal MLP, CNX Coal Resources LP (CNXC), is on the ...read more

A cool coal IPO? CNX Coal Resources LP sets terms for $200 million IPO

CNX Coal Resources LP, an MLP recently formed by CONSOL Energy to operate its Pennsylvania coal mines, announced terms for its IPO on Monday. The Canonsburg, PA-based company plans to raise $200 million by offering 10 million shares at a price range of $19...read more