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Rice Energy IPO Shares Increased To 44 Million

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By Chris Sheehan, Hart Energy
January 28, 2014

Rice Energy Inc. brought an upsized deal to market late last week, as underwriters increased shares offered in its initial public offering to 44 million, up from the original filing of 40 million, and priced the deal at $21.00 per share, the upper end of the $19-$21 expected offering price.

On a day when the NYMEX natural gas price rose about $5 per thousand cubic feet (Mcf) for the first time in more than three years — but market turmoil saw the Dow Jones Industrial Average close down 318 points ...

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