BSM News

Kimbell Royalty Partners LP, which owns 3.7 million acres of oil and gas mineral interests across the US, announced terms for its IPO on Wednesday. The Fort Worth, TX-based company plans to raise $100 million by offering 5.0 million shares at a price range of $19 to $21. At the midpoint of the proposed range, Kimbell Royalty Partners LP would command a market value of $327...read more

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (NYSE Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, March 18, 2016: Additions: Grupo Aval Acciones y Valores S.A. ADR Atlassian NextEra Energy Partners LP Black Stone Minerals LP ...read more

Black Stone Minerals LP, one of the largest owners of oil and natural gas mineral interests in the US, raised $428 million by offering 22.5 million shares at $19, at the low end of the range of $19 to $21. Black Stone Minerals LP plans to list on the NYSE under the symbol BSM. Black Stone Minerals LP initially filed confidentially on 10/8/2014. Barclays, BofA Merrill Lynch, Citi,...read more

Up to six companies could price their IPOs this week. All are either LPs or health care companies (including three biotechs). Two LPs on deck, one offering power-generating wood pellets Enviva Partners LP (EVA) is backed by Riverstone/Carlyle and is the world’s largest...read more