Wall Street’s fading oil and gas interest revealed in new shale IPO

(Bloomberg) –If the first initial public offering of a U.S. shale driller in four years is any indication, Wall Street is still souring on the U.S. oil and gas patch. Even a natural gas explorer backed by private-equity giant Blackstone Group Inc. couldn’t raise the capital it had expected. Vine Energy Inc. sold 21.5 million […]

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