IPO – Oil & Gas 360

Presidio Petroleum to go public via strategic merger with EQV Ventures

August 6, 2025

(World Oil)– Presidio Petroleum announced plans to go public via a definitive business combination agreement with EQV Ventures Acquisition Corp. The combined company is expected to have an estimated post-transaction enterprise value of approximately $660 million, including acquired assets. The combined business will operate over 2,000 producing wells across Texas, Oklahoma and Kansas with expected net production of 26 million

African oil giants advance IPO plans to attract investment

April 4, 2025

(World Oil) – In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs). These IPOs are poised to attract significant global investment, providing much-needed capital to enhance production capabilities, improve infrastructure and foster long-term growth. This move reflects a broader

Appetite for IPOs is strong, but watch those valuations, analysts say

January 24, 2025

(BOE Report) – The tepid reception to Venture Global’s ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the recovery in new offerings may be a cautious one. Touted as the first blockbuster listing of 2025, the LNG exporter was initially aiming for a price tag as

Venture Global goes public with $60 billion valuation

January 24, 2025

(Oil Price) – LNG producer and exporter Venture Global went public this week, raising $1.75 billion for a total valuation of $60 billion. The company priced its share offering at $25 apiece, it said in a statement, which added the offering period will end on January 27. The price of the placement is a lot lower than Venture Global initially planned. The

Infinity Natural eyes up to $1.2 bln valuation as energy IPOs gain momentum

January 21, 2025

(BOE Report) – Infinity Natural Resources is targeting a valuation of up to $1.24 billion in its initial public offering, joining a bunch of energy industry companies that have rushed to list their shares in recent months. The company, which first filed its IPO paperwork in October, said on Tuesday it is aiming to raise up to $278.25 million through

Oil services provider Flowco seeks up to $2 bln valuation in US IPO

January 7, 2025

BOE Report – Oilfield services provider Flowco Holdings on Tuesday said it is seeking a valuation of up to $2 billion in its initial public offering in the United States, aiming to leverage last year’s capital market rebound. The company said it would sell 17.8 million shares at a price range of $21 to $23 per share, potentially fetching up

BKV Corporation announces launch of Initial Public Offering

September 16, 2024

Oil and Gas 360 DENVER, September 16, 2024 – BKV Corporation (“BKV”) today announced that it has launched the initial public offering of 15,000,000 shares of its common stock. The underwriters will have a 30-day option to purchase an additional 2,250,000 shares from BKV at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected

Arabian Drilling Co. hires Goldman, HSBC, SNB Capital for IPO

September 19, 2022

World Oil (Bloomberg) — Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, hired Goldman Sachs Group Inc, HSBC Holdings Plc and SNB Capital to manage its IPO in Riyadh, seeking to join a steady stream of Gulf firms tapping equity markets. The firm will sell 26.7 million shares, or a 30% stake, in initial public offering, according

Greenvolt raises $177 million in IPO to fund expansion

July 14, 2021

Nasdaq LISBON- Portuguese renewable energy firm Greenvolt GVOLT.LS said on Wednesday it had raised 150 million euros ($177.29 million) in an initial public offering to fund its expansion, including in European solar parks and wind farms. The IPO, which is the largest on the Portuguese stock exchange since 2014, values Greenvolt above 500 million euros. Trading in Greenvolt shares on the

LNG-related solutions provider Hygo looks to raise $485 million in U.S. IPO

September 17, 2020

Reuters Liquefied natural gas solutions firm Hygo Energy Transition Ltd, which is owned by Golar LNG GLNG.O, is looking to raise up to $485 million in its initial public offering, according to a regulatory filing on Thursday. Hygo plans to sell 23.1 million shares at a price range of $18-$21 apiece, according to the filing here. At the higher end of the

Saudi Aramco in race for IPO record with $1.7 trillion top value

November 18, 2019

Reuters DUBAI- Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi’s crown prince but putting it in the running to become the world’s biggest IPO. Aramco cannot sell its shares directly to investors in the United States and other markets, as the

Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources

November 1, 2019

Source: Reuters DUBAI (Reuters) – Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation as possible ahead of an expected listing launch on Sunday, according to three sources. Failure to reach the coveted target would cause a dilemma for Saudi Crown Prince Mohammed bin Salman –

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