Ipo Journey for Athlon Energy

abstracts

Founded in August 2010 by a group of former executives from Encore Acquisition Company following its acquisition by Denbury Resources, Inc, Athlon Energy Incorporation is an independent exploration and production company focused on the acquisition, development and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The Permian Basin spans portions of Texas and New Mexico and is composed of three primary sub-basins: the Delaware Basin, the Central Basin Platform and the Midland Basin. All of Athlon Energy’s properties are located in the Midland Basin. It submits registration paper On June 5 and goes public on 08/07/2013 and becomes one of the most attractive IPO in the recent stock market. By reviewing Athlon Energy’s registration statement, 3-year period financial statement, and form issued and approved by SEC, this article attempts to prove that this company’s IPO is successful by illustrating and analyzing the Athlon’s preparation and the major influence of IPO to the company.

Key words: IPO, Athlon Energy, Energy Industry

A Successful IPO Journey of Athlon Energy

Arguments about how to measure and judge whether an IPO is successful are never end, and sometimes it is belong to the feeling of managers. Managers may feel satisfied about the IPO process as well as the result of it. However, An IPO may be fail for the company even if managers feel good of it. This article examines the IPO process and influence for Athlon Energy Inc., and attempts to make a conclusion on whether its IPO is successful.

Athlon’s Preparation For the IPO

Most of the successful IPO companies transfer their management and financial operation to the requirement of SEC regulation for IPO before they register for IPO, the date is usually at least half year (Blowers, Griffith, Milan, p.108). Many preparations are rules that enforced by SEC, and others need to implement by companies for saving energy and time in the...