Energy companies BKV and Peak Resources move into the IPO pipeline
IPO Report
BKV sets estimated price range to raise $362 million, while Peak Resources files IPO
Published:
Initial public offerings from two separate energy companies moved into the stock debut pipeline on Monday as the U.S. new issues market continues to break out of its traditional summer lull.
The two filings come at the start of an eventful week in financial markets as the Federal Reserve is expected to make an expected interest-rate cut to stimulate the economy now that inflation has receded.