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Midstates Petroleum IPO: Below the Range

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author imageConnor Brooke Last updated:

New York Stock Exchange (NYSE) IPOs

In another highly anticipated energy IPO last week – the other being the SDR IPO – Midstates Petroleum priced and listed on NYSE. It missed the pre-IPO range of $16 to $18, coming in at $13 per share and raising $312 mn. Midstates Petroleum sold 24 mn shares, 25 percent from insiders. It now trades under the symbole MPO.

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Source: Renaissance Capital

  This article was written for Business 2 Community by Connor Brooke.
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Author: Connor Brooke

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has …

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