Two newcomers to public markets in the gas sector are trading above their respective initial public offering (IPO) prices three weeks after their launch in early May — although they have taken somewhat different paths.
Everything has come up smelling of roses for GasLog Partners, which was trading above $26 this week after its IPO priced at $21 per share. GasLog has not spent a minute below the IPO price, gaining nearly 25% on the first trading day as investors showed their hunger for a play on LNG.
That
