Rice Energy (ticker: RICE), an independent E&P focused purely in the Appalachia, commenced an initial public offering (IPO) for its midstream unit on December 17, 2014. Rice Midstream Partners LP will trade on the New York Stock Exchange under the ticker RMP. Rice was a privately held company less than one year ago and now has two entities listed on
In August, James Baker of Simmons & Company said Royal Dutch Shell’s (ticker: RDS.B) public offering of its midstream segment would be a “sea change event.” It did not disappoint. Bloomberg reports it was the best trading debut by an energy company in 2014. Shell Midstream Partners, L.P., trading on the New York Stock Exchange under the ticker SHLX, debuted
In case you missed it, Alibaba Group (ticker: BABA), the China-based e-commerce group, commenced the world’s largest initial public offering (IPO) today. Its release was delayed hours due to demand imbalances before finally reaching the market. The end result: $22 billion raised in capital, the largest IPO in history, beating out Visa’s six year old record. Oil and gas companies
