<p>作者：大卫·弗伦奇</p>
<p>9 月 30 日（路透社）- 据知情人士透露，Flowco 的私募股权所有者已经开始为这家油田服务提供商的首次公开募股做准备，可能将其估值高达 20 亿美元，并最早在 2025 年上半年进行，</p>
<p>消息人士称，Jefferies、摩根大通和派普尔·桑德勒已被选为股市上市的主承销商，但同时警告称，交易的时间和规模取决于市场情况。</p>
<p>消息人士称，Flowco 已向美国监管机构机密提交了其首次公开募股申请，请求匿名讨论私人信息。机密提交文件使公司能够在远离公开市场投资者的关注下为其上市做准备。</p>
<p>Flowco 是最近由三家专门从事帮助提高油气井产油率的油田服务提供商合并而成。今年 6 月，其所有者 Global Energy Capital 和 White Deer Energy 达成协议，合并了 Flowco Production Solutions、Estis Compression 和 Flogistix。</p>
<p>Global Energy、White Deer、Flowco 和 Jefferies 未回应置评请求。摩根大通和派普尔·桑德勒拒绝置评。</p>
<p>Flowco 计划的股市上市将会在美国石油和天然气行业继续面临化石燃料对环境的不利影响的审查之际进行。这一情况已经阻止一些投资者将资金投入这类公司。</p>
<p>然而，这并没有阻止石油和天然气公司寻求股市上市，过去两年来较高的原油价格提振了能源生产商的业绩。反过来，这支持了向它们提供服务的公司，比如 Flowco。</p>
<p>天然气生产商 BKV（BKV.N）上周定价发行，筹集了 2.7 亿美元。油田服务公司 HMH Holding、Hornbeck Offshore Services 和 PHI Group 也在准备未来几个月的潜在股市上市。</p>

摩根大通

<p>Flowco 的私募股权所有者正准备在 2025 年进行首次公开募股（IPO），可能将这家油田服务公司估值高达 10 亿美元。摩根大通、摩根士丹利和派普尔·桑德勒是主承销商。Flowco 是由三家公司合并而成，已向美国监管机构进行了机密申报。尽管受到环境审查的影响，由于原油价格上涨，油气行业的公开发行活动越来越受到关注。像 BKV 和 HMH Holding 这样的其他公司也计划很快在股市上市</p>

<p>By David French</p>
<div class="lb-trans"><p>作者：大卫·弗伦奇</p>
</div><p>Sept 30 (Reuters) - The private equity owners of Flowco have kicked off preparations for an initial public offering of the oilfield services provider that could value it at as much as $2 billion and come as early as the first half of 2025, according to people familiar with the matter.</p>
<div class="lb-trans"><p>9 月 30 日（路透社）- 据知情人士透露，Flowco 的私募股权所有者已经开始为这家油田服务提供商的首次公开募股做准备，可能将其估值高达 20 亿美元，并最早在 2025 年上半年进行，</p>
</div><p>Jefferies, JPMorgan Chase and Piper Sandler have been tapped as the lead underwriters for the stock market flotation, the sources said, cautioning that the timing and the size of the deal were subject to market conditions.</p>
<div class="lb-trans"><p>消息人士称，Jefferies、摩根大通和派普尔·桑德勒已被选为股市上市的主承销商，但同时警告称，交易的时间和规模取决于市场情况。</p>
</div><p>Flowco has filed confidentially with U.S. regulators for its IPO, the sources said, requesting anonymity to discuss private information. A confidential submission of paperwork allows companies to make preparations for their flotations away from the glare of public-market investors.</p>
<div class="lb-trans"><p>消息人士称，Flowco 已向美国监管机构机密提交了其首次公开募股申请，请求匿名讨论私人信息。机密提交文件使公司能够在远离公开市场投资者的关注下为其上市做准备。</p>
</div><p>Flowco was created recently by a three-way merger between oilfield services providers specializing in services that help improve the rate of oil and gas extraction from wells. In June, its owners Global Energy Capital and White Deer Energy struck a deal to combine Flowco Production Solutions, Estis Compression and Flogistix.</p>
<div class="lb-trans"><p>Flowco 是最近由三家专门从事帮助提高油气井产油率的油田服务提供商合并而成。今年 6 月，其所有者 Global Energy Capital 和 White Deer Energy 达成协议，合并了 Flowco Production Solutions、Estis Compression 和 Flogistix。</p>
</div><p>Global Energy, White Deer, Flowco and Jefferies did not respond to requests for comment. JP Morgan and Piper Sandler declined to comment.</p>
<div class="lb-trans"><p>Global Energy、White Deer、Flowco 和 Jefferies 未回应置评请求。摩根大通和派普尔·桑德勒拒绝置评。</p>
</div><p>The planned stock market launch from Flowco would come at a time when the U.S. oil and gas industry continues to face scrutiny over the adverse impact of fossil fuels on the environment - something that has deterred some investors from putting cash into such companies.</p>
<div class="lb-trans"><p>Flowco 计划的股市上市将会在美国石油和天然气行业继续面临化石燃料对环境的不利影响的审查之际进行。这一情况已经阻止一些投资者将资金投入这类公司。</p>
</div><p>That, however, has not deterred oil and gas companies from pursuing stock market launches, as higher crude prices over the last two years have boosted the performance of energy producers. In turn, this has supported those firms that supply services to them, such as Flowco.</p>
<div class="lb-trans"><p>然而，这并没有阻止石油和天然气公司寻求股市上市，过去两年来较高的原油价格提振了能源生产商的业绩。反过来，这支持了向它们提供服务的公司，比如 Flowco。</p>
</div><p>Natural gas producer BKV (BKV.N) priced its offering last week, raising $270 million. Oilfield services firms HMH Holding, Hornbeck Offshore Services and PHI Group are also preparing for potential stock market launches in the coming months.</p>
<div class="lb-trans"><p>天然气生产商 BKV（BKV.N）上周定价发行，筹集了 2.7 亿美元。油田服务公司 HMH Holding、Hornbeck Offshore Services 和 PHI Group 也在准备未来几个月的潜在股市上市。</p>
</div>

Flowco's owners prepare to take oilfield services firm public in 2025, sources say

- Flowco 正在准备首次公开募股，预计估值可达 20 亿美元。  
- 该公司由三家油田服务提供商合并而成，已向美国监管机构提交保密申请。  
- 尽管面临环境审查，油气行业仍在追求上市，受益于近两年原油价格上涨。  

消息人士透露，Flowco 的所有者计划在 2025 年将这家油田服务公司公开上市