Investors Showing Preference for Gas-Weighted Producers in US IPOs

摘要

The recent weather-related price blowout aside, US natural gas prices are still not robust enough to keep producers from favoring oil-weighted drilling programs into 2014. But with oil prices potentially poised for a meaningful decline this year and the prolific Marcellus Shale remaining economic well below current gas prices, investors taking stock in newly listed firms are preferring to put their money in shale gas players coming to market.