Saturday, November 2, 2024

Tellurian Offers 10 Million Shares, but Quickly Pulls Offer

On May 17, 2017,  U.S. LNG export startup Tellurian Inc. (ticker: TELL) announced it planned to sell 10,000,000 shares of its common stock in an underwritten public offering with Credit Suisse Securities (USA) LLC as the deal’s sole book-running manager for the offering and with Tuohy Brothers Investment Research, Inc. as co-manager. This morning Tellurian pulled the stock offering. Tellurian

Energy IPOs:  Oil-Service Companies Blow Past Explorers

Service providers overtake in ranks for 1st time in 10 years After 21 months with no listings, four sell shares in 2017 From Bloomberg An improving oil and gas industry has turned the market for energy initial public offerings upside down. Oil-service providers are at the top of IPO rankings in 2017, elbowing aside exploration-and-production companies for the first time

Oil-Service IPO Blow Past Explorers as Industry Charts Recovery

From Bloomberg An improving oil and gas industry has turned the market for energy initial public offerings upside down. Oil-service providers are at the top of IPO rankings in 2017, elbowing aside exploration-and-production companies for the first time in at least a decade. Those companies had made up the majority of annual energy listings for the 10  years through 2016,

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