Flowco's owners prepare to take oilfield services firm public in 2025, sources say
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Flowco's private equity owners are preparing for an IPO in 2025, potentially valuing the oilfield services firm at up to $1 billion. Jefferies, JPMorgan Chase, and Piper Sandler are the lead underwriters. Flowco, formed from a merger of three companies, has filed confidentially with U.S. regulators. Despite environmental scrutiny, the oil and gas sector is seeing increased interest in public offerings due to rising crude prices. Other firms like BKV and HMH Holding are also planning stock market launches soon.
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