Welcome to our dedicated page for Desert Peak Minerals news (Ticker: DPM), a resource for investors and traders seeking the latest updates and insights on Desert Peak Minerals stock.
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Desert Peak Minerals Inc. announced an initial public offering (IPO) of 10,000,000 shares of Class A common stock, priced between $20.00 and $23.00 per share. The company will grant underwriters a 30-day option for an additional 1,500,000 shares. The shares are set to be listed under the ticker symbol DPM on the New York Stock Exchange. Barclays Capital, Credit Suisse, and UBS are the lead managers of the offering. Desert Peak focuses on managing mineral and royalty interests in the Permian Basin, holding over 100,000 net royalty acres.
