Hess Midstream Partners’ initial public offering this month may signal a resurgence in IPOs for midstream master limited partnerships—along with billing opportunities for Texas lawyers in that practice niche.
Michael O’Leary, a corporate partner at Andrews Kurth Keynon in Houston, which represented underwriters in the Hess Midstream IPO, said the offering priced well in the market, and “it shows there’s a very strong investor appetite for good, sponsored MLPs again that have good opportunity for visible growth.”
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