Lowering corporate taxes has been at the top of the Trump agenda and, under a Republican controlled legislature, it is possible that a change in tax policy can be accomplished in the next few years. The details: The proposal is to lower...read more
Four IPOs raised $816 million this week, led by Extraction Oil & Gas. The company broke a 2-year drought in IPOs from energy E&Ps and popped 15%, while the week's other three IPOs broke issue. Two had double-digit drops, the year's worst debuts outside...read more
Extraction Oil & Gas, an oil and gas E&P operating in the Denver-Julesburg Basin, raised $633 million by offering 33.3 million shares at $19, above the range of $15 to $18. Extraction Oil & Gas plans to list on the Nasdaq under the symbol XOG....read more
Three energy-related IPOs plan to raise about $750 million in the week ahead. Two have direct exposure to oil prices, including Extraction Oil & Gas, which plans to raise $550 million as the first E&P to go public in over two years. An oilfield services...read more
Trump's plan to lower corporate tax rates could benefit many small/mid-cap IPOs
Lowering corporate taxes has been at the top of the Trump agenda and, under a Republican controlled legislature, it is possible that a change in tax policy can be accomplished in the next few years. The details: The proposal is to lower...read more
US IPO Weekly Recap: First oil & gas producer in two years pops; other 3 IPOs break
Four IPOs raised $816 million this week, led by Extraction Oil & Gas. The company broke a 2-year drought in IPOs from energy E&Ps and popped 15%, while the week's other three IPOs broke issue. Two had double-digit drops, the year's worst debuts outside...read more
Extraction Oil & Gas prices IPO at $19, above the range
Extraction Oil & Gas, an oil and gas E&P operating in the Denver-Julesburg Basin, raised $633 million by offering 33.3 million shares at $19, above the range of $15 to $18. Extraction Oil & Gas plans to list on the Nasdaq under the symbol XOG....read more
US IPO Week Ahead: Energy powers the US IPO market in a week with 3 deals
Three energy-related IPOs plan to raise about $750 million in the week ahead. Two have direct exposure to oil prices, including Extraction Oil & Gas, which plans to raise $550 million as the first E&P to go public in over two years. An oilfield services...read more