Platinum Energy Solutions, Inc. IPO Advisory

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For IPO Boutique's "scale of 1 to 5" BUY rating on Platinum Energy Solutions, Inc., and our comprehensive analysis, click the "Buy Market Research" link.
Price Range
Issue Price
Trade Date
Platinum Energy Solutions, Inc.FRAC
[ NYSE ]
$9.00-$11.00 $0.00 $0.00Postponed2/3/2012
Morgan Stanley, J.P. Morgan, Citigroup, FBR
Raymond James, Simmons & Co. International, Dalhman Rose & Co., Knight

Platinum Energy Solutions, Inc. Historical Chart - Click chart for current quote

About Platinum Energy Solutions, Inc. (adapted from Platinum Energy Solutions, Inc. prospectus):
Platinum Energy Solutions is a Houston, Texas based oilfield services provider specializing in premium hydraulic fracturing, coiled tubing and other pressure pumping services. They started providing hydraulic fracturing services on August 29, 2011 to Petrohawk Energy Corporation in the Eagle Ford Shale. They currently anticipate commencing hydraulic fracturing services for Encana Oil & Gas (USA), Inc. in the Haynesville Shale in October 2011. In addition, they plan to add three additional hydraulic fracturing fleets by the end of the first half of 2012.

This description is adapted from Platinum prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.

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