Showing posts with label RSP Permian (RSPP). Show all posts
Showing posts with label RSP Permian (RSPP). Show all posts
Monday, June 23, 2014
Thursday, April 3, 2014
Largest U.S. IPOs of the first quarter
According to Renaissance Capital, the U.S. initial public offering market had the most first-quarter activity since 2000, with 64 firms raising a total of $10.6 billion. First-quarter activity in 2013 had 31 deals raising $7.6 billion total.
In terms of size, Santander Consumer USA (SC) was the largest U.S. deal of the quarter ($1.8 billion), followed by Rice Energy ($924 million) and EP Energy ($704 million).
Renaissance noted that the top 10 IPOs by deal size returned an average of 10%, below the average of all deals (25.3%). Oil and gas driller RSP Permian had the highest return at 48.2%, while helicopter service provider CHC Group had a -26.1% return from its IPO.
Not all companies looking to go public are feeling so bold about their prospects. Virtu Financial, a high-frequency trading firm, disclosed in its prospectus that it lost money on just one day in nearly five years, an achievement that not even Goldman Sachs can claim. But it has postponed its coming IPO. until at least later this month as it waits for the furor stirred up by Michael Lewis’s latest book, “Flash Boys,” to quiet down, according to people briefed on the matter.
In terms of size, Santander Consumer USA (SC) was the largest U.S. deal of the quarter ($1.8 billion), followed by Rice Energy ($924 million) and EP Energy ($704 million).
Renaissance noted that the top 10 IPOs by deal size returned an average of 10%, below the average of all deals (25.3%). Oil and gas driller RSP Permian had the highest return at 48.2%, while helicopter service provider CHC Group had a -26.1% return from its IPO.
Not all companies looking to go public are feeling so bold about their prospects. Virtu Financial, a high-frequency trading firm, disclosed in its prospectus that it lost money on just one day in nearly five years, an achievement that not even Goldman Sachs can claim. But it has postponed its coming IPO. until at least later this month as it waits for the furor stirred up by Michael Lewis’s latest book, “Flash Boys,” to quiet down, according to people briefed on the matter.
Friday, February 28, 2014
RSP Permian (RSPP) began trading on the NYSE on 16 January 2014
RSP Permian, Inc. is an independent oil and natural gas Company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company is operating two horizontal rigs and one vertical rig. The vast majority of its acreage is located on large, contiguous acreage blocks in the core of the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson and Ector.
Address
SUITE 701, 3141 HOOD STREET
DALLAS, TX 75219
United States
DALLAS, TX 75219
United States
Website
http://www.rsppermian.com
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