Edgen Group, Inc. IPO Info

Company Name: Edgen Group, Inc.
Stock Symbol: EDG
Exchange: NYSE
Status: Priced
IPO Date: 4/27/2012
IPO Price: 11.00 (-35.82%)
Jefferies, Morgan Stanley, Citigroup

Amount of Offering: N/A
Number of Shares Offered: 15 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Edgen Group is a leading global distributor of specialty products to the energy sector, including steel pipe, valves, quenched and tempered and high yield heavy plate and related components. The company primarily serves customers that operate in the upstream (conventional and unconventional oil and natural gas exploration, drilling and production of oil and natural gas in both onshore and offshore environments), midstream (gathering, processing, fractionation, which is the process by which the individual chemical components of oil and natural gas are separated from a single stream, transportation and storage of oil and natural gas) and downstream (refining and petrochemical applications) end-markets for oil and natural gas.

News Headlines