In a landscape of falling stock indexes and rising interest rates and inflation, the energy business is booming
, it has become nearly impossible for companies or investors to sell big chunks of stock or go public at the price they want. Unless you’re in energy, where business is booming.
EnerVest Ltd., a Houston-based private-equity firm that focuses on energy investments, said it has sold 28.4 million shares ofnetting $661 million in proceeds, including $257 million last month. The well-timed initial public offering of natural-gas companyone of the best-performing IPOs this year, boosted the net worth of oil magnate and founder
France Dernières Nouvelles, France Actualités
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