Stephen Lacey is US Editor for International Financing Review, helping to oversee editorial content across the region. He has particular expertise in coverage of the equity capital markets – IPOs, follow-on stock sales, and equity-linked securities – spanning the entire corporate life cycle, from venture and private equity to entry and maturation in the public markets.
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WildHorse Resource Development, the Natural Gas Partners-backed E&P, is off and running with an all-primary IPO seeking to raise as much as US$577.5m.
The equity-debt tightrope for US E&Ps has gotten a lot easier to tread post-OPEC. SM Energy became the first producer to venture into a violently bullish market by raising US$363.37m through an overnight stock sale last Thursday.
WildHorse Resource Development, the Natural Gas Partners-backed E&P, is off and running with an all-primary IPO seeking as much as US$577.5m.