The rebound comes amid a combination of rising commodity prices, outperformance from recent energy IPOs and pro-oil policies from President-elect Donald Trump. — Bloomberg
NEW YORK: The energy industry is set to stage a comeback in the US initial public offering (IPO) market, with sizeable deals springing up after the worst year since 2003.
Just six energy IPOs priced on US exchanges in 2024, raising US$667mil to mark the lowest volume for the sector in 21 years, data compiled by Bloomberg show.
