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Pearl Energy-backed Infinity Natural valued at $1.3 billion as shares jump in NYSE debut
Private equity-backed Infinity Natural Resources was valued at $1.30 billion after shares of the oil and natural gas producer rose 10.8% in their debut on the New York Stock Exchange on Friday.
Infinity Natural valued at $1.3 billion in debut as US energy IPOs rebound
Infinity Natural Resources notched a valuation of $1.30 billion after shares of the oil and natural gas producer jumped nearly 11% in their New York Stock Exchange debut on Friday. The listing comes amid a steady stream of initial public offerings by energy companies against the backdrop of a more fossil fuel-friendly Trump administration.
Infinity Natural Resources launches IPO, starts trading 11% higher
Infinity Natural Resources, an independent energy company, has launched its initial public offering (IPO) today. The company priced 13,250,000 shares of its Class A common stock at $20.00 each. Trading commenced on the New York Stock Exchange (NYSE) under the ticker symbol "INR",
Pearl Energy-backed Infinity Natural Resources raises $265 mln in US IPO
Private equity-backed oil and natural gas producer Infinity Natural Resources on Thursday raised $265 million in its initial public offering in the United States.
Hosted on MSN
4h
How Trump's Executive Order Can Change American Energy Policy
The order to "unleash" American energy is creating uncertainty for the country's energy markets and consumers.
Scientific American
4h
AI’s Energy Demands Threaten a Nuclear Waste Nightmare
These tech giants recognize that the next generation of microprocessors to be used for AI calculations at data centers will ...
7h
on MSN
EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been ...
3h
Russian Nuclear Energy Researchers In Europe Endanger Western Security
Throughout the Cold War, the Soviets ran a massive spying operation to gain access to submarine, computer, and space tech.
5h
on MSN
Artificial intelligence will partly drive growth in Indian energy demand: JSW Energy CEO
Sharad Mahendra, joint managing director and CEO of JSW Energy, talks about the trend in Indian energy demand following the ...
2d
on MSN
Former Trump Cabinet members launch group to promote president's energy agenda
Two former Trump Cabinet members are launching a group to mobilize conservatives to support the president's "all of the above ...
29m
on MSN
Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
E&E
8h
How tariffs could kneecap Trump’s ‘energy emergency’
Imports of steel and aluminum are essential for large infrastructure projects. The costs from any potential levies would flow ...
2d
on MSN
DeepSeek says it built its chatbot cheap. What does that mean for AI’s energy needs and the climate?
Chinese artificial intelligence startup DeepSeek stunned markets and AI experts with its claim that it built its immensely ...
3h
NV Energy braces for atmospheric river, warns of potential outages in northern Nevada
NV Energy is preparing for an atmospheric river expected to hit northern Nevada starting Friday afternoon, bringing heavy ...
consilium.europa
3h
Connecting energy infrastructure in the EU
The TEN-E policy supports cross-border projects to link member states’ energy networks and support the integration of ...
2d
on MSN
Energy giant announces major investment in US to help meet surging power demands
GE Vernova announced it plans to invest nearly $600 million in its U.S. facilities over the next two years, with new projects ...
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