LRR Energy LP said Nov. 10 it is setting its initial public offering at 9.4 million shares sold at $19 per share, as expected.
LRR Energy, an oil and gas exploration and production master limited partnership, will begin trading on the New York Stock Exchange Friday under the ticker symbol LRE.
Underwriters have been granted up to 1.4 million shares to cover any over-allotments.
After the offering closes, which is expected around Nov. 16, the public will own between 42 and 48 percent of LRR Energy.
The Houston-based company filed for its IPO Nov. 7, and it said it expected to price its shares between $19 and $21 per share.