Oil and natural gas rebound could spark rise in IPOs

Oil and natural gas companies could kick off a series of initial public offerings (IPOs) in 2017 as the U.S. shale industry rebounds in the eyes of Wall Street, reports FuelFix.com. The news site says Credit Suisse analysts believe around 30 privately held drillers, oilfield service companies and pipeline operators could go public this year in transactions worth $8.5 billion, nearly four times more than in 2016. For more, read the full story.