DENVER BUSINESS JOURNAL - A Colorado energy company going public on Wednesday said it's pricing its shares higher than originally planned.
Extraction Oil & Gas Inc. said it's pricing its IPO offering of its 33.3 million shares at $19 per share, higher than the $15-$18 originally planned.'
And the Denver company said it will also offer 5 million shares to the offering's underwriters, in a total offering that could raise more than $600 million.
Company chairman and CEO Mark Erickson will ring the opening bell Wednesday morning at the Nasdaq Stock Exchange in New York City. Extraction's shares will trade on the exchange under the symbol "XOG."
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