Reuters reveals U.S. gas producer Ascent Resources prepares for IPO


Business & FinanceDealsEnergy

Reuters reported exclusively that Ascent Resources LLC, one of the largest privately held U.S. natural gas producers, is preparing an initial public offering it hopes will give it a market valuation of around $6 billion. Depending on timing, it would be the first major stock market listing of a U.S. shale operator since Russia’s invasion of Ukraine in February drove a spike in gas prices. 

Article Tags

Topics of Interest: Business & FinanceDealsEnergy

Type: Reuters Best

Sectors: Business & FinanceCommodities & EnergyUtilities & Other Energy

Regions: North America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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