IPO Buzz: Earnings In, China Out
iposcoop.com
Includes: Saddle Up, Partner
..."This week’s IPO traffic features a Bermuda insurance company (CastlePoint Holdings – NASDAQ: CPHL proposed), another energy-related limited partnership (Cheniere Energy Partners – NYSE: CQP proposed) and a provider of games for mobile phones (Glu Mobile – NASDAQ: GLUU proposed). The Cheniere Energy IPO could draw some interest. Here’s what some may not know about the 2007 IPO market. Limited partnerships have been the “in” crowd in 2007. Bankers have priced four limited partnerships in the energy sector since the beginning of the year."...
Quotes re the following mentions by ipoScoop in the article above:
DEP, LGCY, MVO, NGLS
finance.yahoo.com
Consider the following:
Duncan Energy Partners (NYSE: DEP) priced its IPO at $21 on Jan. 30.
On March 16, Duncan closed at $25.51, UP 21.5 percent from its initial offering price.
Legacy Reserve LP (NASDAQ: LGCY) priced its IPO at $19 on Jan. 11.
On March 16, Legacy closed at $24.65, UP 29.7 percent from its initial offering price.
MV Oil Trust (NYSE: MVO) priced its IPO at $20 on Jan. 18.
On March 16, MV Oil closed at $24.99, UP 25 percent from its initial offering price.
Targa Resources Partners LP (NASDAQ: NGLS) priced its IPO at $21 on Feb. 8.
On March 16, Targa closed at $25.55, UP 21.7 percent from its initial offering price. |
