WSJ has reported that the Shell MLP IPO last week was the largest ever recorded. Shell raised $1.056 billion dollars. I’m assuming most of the midstream projects will the U.S.
Based on Shell’s success, Antero is looking to do a midstream MLP IPO this week. It hopes to raise $750 million.
Antero raised $1.57 billion dollars last year with an IPO for its E&P Company. Based on the success, Antero should do well with its midstream MLP IPO.
Last night’s, Republican landslide will provide Antero and other energy companies some confidence that energy policies and regulations will be more reasonable — supporting growth for the energy industry in the U.S.