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Midstream asset operator JP Energy Partners LP files for a $200 million IPO

May 8, 2014

JP Energy Partners LP, an LP operating midstream energy assets for crude oil, refined products, and natural gas liquids, filed on Thursday with the SEC to raise up to $200 million in an initial public offering. The Irving, TX-based company, which was founded in 2010 and booked $2.1 billion in pro forma sales for the fiscal year ended December 31, 2013, plans to list on the NYSE under the symbol JPEP. JP Energy Partners LP initially filed confidentially on July 3, 2013. Barclays and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.