Flowco Holdings Inc. (Ticker: FLOC US) is an oil and gas field machinery equipment company providing production optimization, artificial lift, and methane abatement solutions. The company was formed in 2024 through the merger of Flowco Production Solutions, Estis Compression, and Flogistix, offering technologies such as high-pressure gas lift (HPGL), conventional gas lift, plunger lift, and vapor recovery units (VRU) with integrated digital solutions for real-time remote monitoring.
Flowco Holdings will list on January 16, 2025, on the New York Stock Exchange (NYSE). The company is offering 17.8 million shares at a price range of $21.00 to $23.00. The estimated offering size is $409.4 million, with an expected market capitalization of $1.93 billion. The offering is led by J.P. Morgan, Jefferies, and Piper Sandler, alongside Evercore ISI, BMO Capital Markets, and others.