{"id":3851,"date":"2018-02-01T23:19:59","date_gmt":"2018-02-02T04:19:59","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3851"},"modified":"2018-02-01T23:34:35","modified_gmt":"2018-02-02T04:34:35","slug":"ipsco-tubulars-inc-ipo-preview-ipsc","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipsco-tubulars-inc-ipo-preview-ipsc\/","title":{"rendered":"IPSCO Tubulars Inc #IPO Preview $IPSC"},"content":{"rendered":"

\"IPSCOTubulars\"<\/a><\/p>\n

Company: IPSCO Tubulars Inc.<\/strong>
\nSymbol: IPSC
\nDescription: They are a leading, growth-oriented producer and supplier of seamless and welded oil country tubular goods, or OCTG, with a proprietary suite of premium and semi-premium connections.
\nShares: 23.25 million
\nPrice Range: $20.00-$23.00
\nTrade Date: 2\/9
\nUnderwriter(s): BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, UBS Investment Bank, Citigroup, Credit Suisse, Barclays, Evercore ISI
\nTerms Added: 1-29-18<\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0As a vertically integrated producer of seamless pipe and an efficient operator of their steel pipe production, heat treating and threading facilities, they are able to efficiently meet customer demand and exercise control over their cost structure. The primary end market for their products is onshore exploration and production, or E&P, operators in the United States and Canada, who purchase their products directly from them or through their distributors.<\/p>\n

Financials<\/strong>:<\/p>\n

Their total revenues were $950.8 and $470.3 million, and their net loss was $149.0 and $177.5 million in 2015 and 2016, respectively. In the first three quarters of 2016 and 2017, their total revenue was $324.2 million and $730.4 million and their net income (loss) was ($150.0 million) and $23.3 million, respectively.<\/p>\n

\"IPSCO.Financials\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: IPSCO Tubulars Inc. Symbol: IPSC Description: They are a leading, growth-oriented producer and supplier of seamless and welded oil country tubular goods, or OCTG, with a proprietary suite of premium and semi-premium connections. Shares: 23.25 million Price Range: $20.00-$23.00 Trade Date: 2\/9 Underwriter(s): BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, UBS Investment Bank, Citigroup,[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1468],"class_list":["post-3851","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-ipsc"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3851"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3851\/revisions"}],"predecessor-version":[{"id":3855,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3851\/revisions\/3855"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}