BJ Services, a leading provider of hydraulic fracturing and pressure pumping services, withdrew its plans for an initial public offering on Monday. It originally filed in July 2017 with a proposed deal size of $100 million, though we estimated it could have...read more
Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three regional banks, three...read more
Liberty Oilfield Services, which provides hydraulic fracturing services for the oil and gas industry, announced terms for its IPO on Monday. The Denver, CO-based company plans to raise $400 million by offering 22.9 million shares (23% insider) at a price...read more
Four IPOs raised $1.1 billion in the past week. Each deal traded up, and three popped 20% or more on the first day - a sign of "animal spirits" returning to the IPO market via MuleSoft, Canada Goose and Ardagh. On Friday, tech unicorn MuleSoft popped 46% in the ...read more
Frack setback: BJ Services withdraws $100 million IPO
BJ Services, a leading provider of hydraulic fracturing and pressure pumping services, withdrew its plans for an initial public offering on Monday. It originally filed in July 2017 with a proposed deal size of $100 million, though we estimated it could have...read more
US IPO Weekly Recap: 10 companies go public in the busiest week of 2017
Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three regional banks, three...read more
Give me liberty: Fracking company Liberty Oilfield Services sets terms for $400 million IPO
Liberty Oilfield Services, which provides hydraulic fracturing services for the oil and gas industry, announced terms for its IPO on Monday. The Denver, CO-based company plans to raise $400 million by offering 22.9 million shares (23% insider) at a price...read more
US IPO Weekly Recap: MuleSoft and Canada Goose gain over 35% in 4-IPO week
Four IPOs raised $1.1 billion in the past week. Each deal traded up, and three popped 20% or more on the first day - a sign of "animal spirits" returning to the IPO market via MuleSoft, Canada Goose and Ardagh. On Friday, tech unicorn MuleSoft popped 46% in the ...read more