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PUMP News

Frack setback: BJ Services withdraws $100 million IPO

ProPetro Holding logo

BJ Services, a leading provider of hydraulic fracturing and pressure pumping services, withdrew its plans for an initial public offering on Monday. It originally filed in July 2017 with a proposed deal size of $100 million, though we estimated it could have...read more

US IPO Weekly Recap: 10 companies go public in the busiest week of 2017

CBTX

Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three...read more

Give me liberty: Fracking company Liberty Oilfield Services sets terms for $400 million IPO

ProPetro Holding logo

Liberty Oilfield Services, which provides hydraulic fracturing services for the oil and gas industry, announced terms for its IPO on Monday. The Denver, CO-based company plans to raise $400 million by offering 22.9 million shares (23% insider) at a price...read more

US IPO Weekly Recap: MuleSoft and Canada Goose gain over 35% in 4-IPO week

MULE

Four IPOs raised $1.1 billion in the past week. Each deal traded up, and three popped 20% or more on the first day - a sign of "animal spirits" returning to the IPO market via MuleSoft, Canada Goose and Ardagh. On Friday, tech unicorn MuleSoft popped 46% in the...read more