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TXO Energy Partners prepares the year's first energy IPO


TXO Energy Partners LP (TXO) is set to become the year's first listing from the energy sector, and the second US IPO to raise $100mm+. The US oil and gas producer is scheduled to trade on Friday. Led by experienced oilman Bob Simpson, TXO has targeted a low-growth, high-dividend strategy by focusing on vertically-drilled wells with low decline rates in more

Updated: Renaissance Capital's 2022 US IPO Market Review


The IPO Market Flips from Boom to Bust in 2022 After the prior year’s record activity, the 2022 US IPO market ground to a halt as the war in Ukraine, a valuation correction in high-multiple stocks, historic interest rate hikes, and looming fears of a recession caused the narrowing IPO window to slam shut. more

2022's energy and healthcare IPOs currently average solid returns amid challenging conditions


IPO activity is still muted heading into the final stretch of 2022, weighed down by poor trading from new issuers. Despite challenging current market conditions, the energy and healthcare sectors have delivered solid trading recently, and are the only two averaging positive returns for the year. more

Over 60% of the year’s sizable IPOs now trade above issue


There have been few major IPOs so far in 2022, but now the year’s group of large issuers is performing stronger than the broader IPO market. Stymied by market volatility and poor returns, most large IPO candidates have put their offering plans on hold, resulting in just 14 IPOs raising $50 million or more year-to-date. Now, performance among these issuers is on the more