[Context: On January 29, Quintana Energy Partners-backed Quintana Energy Services announced the launch of its IPO, consisting of 9.25m shares at a range of $12 to $15. Further details, underwriters and related links are below.]


Quintana Energy ServicesQuintana Energy Partners

Quintana Energy Services Inc. Announces Launch of Initial Public Offering

HOUSTON, Jan. 29, 2018 /PRNewswire/ — Quintana Energy Services Inc. (NYSE: QES) (“QES” or the “Company”) announced today that it has launched an initial public offering of its common stock (the “Offering”) pursuant to a registration statement on Form S-1 filed previously with the Securities and Exchange Commission (the “SEC”).

The Offering consists of 9,259,259 shares of common stock being offered by QES. In addition, certain selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,388,889 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The current expected initial offering price is between $12.00 and $15.00 per share. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “QES,” subject to official notice of issuance.

BofA Merrill Lynch and Simmons & Company International, Energy Specialists of Piper Jaffray are acting as joint book-running managers and representatives of the underwriters for the Offering. Citigroup, Barclays, Tudor, Pickering, Holt & Co. and Evercore ISI are also acting as bookrunners for the Offering. Stephens Inc. and Capital One Securities are acting as co-managers for the Offering. The Offering will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933. A copy of the preliminary prospectus may be obtained from:

BofA Merrill Lynch
NC1-004-03-43, 200
200 North College Street, 3rd Floor
Charlotte, NC 28255-0001
Attention: Prospectus Department
dg.prospectus_requests@baml.com

Piper Jaffray & Co.
800 Nicollet Mall, Suite 800
Minneapolis, MN 55402
Attention: Prospectus Department
(800) 747-3924
www.prospectuspjc.com

About Quintana Energy Services Inc.
QES is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active major basins throughout the U.S. QES’s primary services include: directional drilling, pressure pumping, pressure control and wireline services. The Company offers a complementary suite of products and services to a broad customer base that is supported by in-house manufacturing, repair and maintenance capabilities.

Related Links

  • https://quintanaenergyservices.com/