Energy Ipo Boom Leaves Some Wary

Abreast of the Market: A gusher of U.S. IPOs of energy-focused master limited partnerships has some money managers urging caution.

Topics:  market   u.s ipos   energy   
BING NEWS:
  • Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
    Led by megadeals from Exxon Mobil and Chevron, the upstream sector completed nearly $250 billion in M&A transactions from the beginning of 2023 through March. That leaves the OFS space now playing ...
    04/26/2024 - 2:00 am | View Link
  • Diamondback Energy: Oil Outlook Improving, But Valuation Is Stretched, And Merger May Fail
    Diamondback Energy's stock has risen by around 73% from 2022, delivering a total return of about 80% since I published my bullish outlook. The company's primary income driver is the price of crude ...
    04/24/2024 - 7:00 pm | View Link
  • AI Boom Needs Nuclear, Constellation Energy CEO Says
    The AI-driven boost in power consumption is going to be big for nuclear energy, according to Joe Dominguez, chief executive officer of Constellation Energy Corp. The largest US operator of nuclear ...
    04/16/2024 - 9:53 am | View Link
  • Boom times for US green energy as federal cash flows in
    In February US company LanzaJet, which produces sustainable aviation fuel (SAF) from ethanol, announced that it intended to build a second, larger plant on US soil. The Inflation Reduction Act ...
    04/8/2024 - 1:00 pm | View Link
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