ENERGY IPOs CONTINUE BACKLOG

摘要

Fewer energy companies are filing for IPOs to raise capital as investors remain cautious while the sector faces less volatility in crude oil prices. A handful of companies filed for IPOs in 2018, including Berry Petroleum Corp. The Bakersfield, Calif.-based onshore oil production company aimed to raise $300 million from the offering but fell short of its goal after a lukewarm response by the market.