Friday, March 28, 2025
Appetite for IPOs is strong, but watch those valuations, analysts say- oil and gas

Appetite for IPOs is strong, but watch those valuations, analysts say

(BOE Report) – The tepid reception to Venture Global’s ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the recovery in new offerings may be a cautious one. Touted as the first blockbuster listing of 2025, the LNG exporter was initially aiming for a price tag as

African Energy 2024: Surging investment, waves of change- oil and gas 360

African Energy 2024: Surging investment, waves of change

(World Oil) – I’ve said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That’s how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year. Better yet, we expect growth to continue through the end of the decade. This capex activity