Flowco Holdings Inc.

Flowco Holdings Inc. (FLOC) priced its initial public offering on Jan 16, 2025 at $24.00 per share, raising $427.2M, and listed on NYSE. At the IPO price its market capitalization was about $527.9M. J.P. Morgan was lead-left underwriter, joined by Jefferies, Piper Sandler and Evercore ISI and others. Sidley Austin advised the company and Latham & Watkins advised the underwriters.

Flowco Holdings Inc. provides production optimization, artificial lift and methane abatement solutions to oil and natural gas producers in major onshore U.S. regions. It designs, manufactures, sells, rents and services equipment, organized into Production Solutions and Natural Gas Technologies segments.

Status

IPO

Ticker

FLOC

Exchange

NYSE

Priced

Jan 16, 2025

IPO price

$24.00

Raised

$427.2M

Market cap at IPO price

$527.9M

First filed

Dec 6, 2024

Underwriters

J.P. Morgan, Jefferies, Piper Sandler, Evercore ISI, BMO Capital Markets, Tudor, Pickering, Holt, Fearnley and Pickering Energy Partners

Company counsel

Sidley Austin

Underwriters' counsel

Latham & Watkins

Sector

Industrials & materials

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.