Euronext CEO Stéphane Boujnah forecasts a significant wave of initial public offerings in the energy sector, driven by the prospect of a fragile peace agreement between Washington and Tehran.
As the Iran conflict shows signs of nearing an end, global equity markets are hitting record levels, creating a favorable backdrop for capital raising in the energy space.
Boujnah noted that while the war has driven up oil and gas prices and fueled inflation, the current market euphoria is setting the stage for a new cycle of listings.
Boujnah noted that while the war has driven up oil and gas prices and fueled inflation, the current market euphoria is setting the stage for a new cycle of listings.
The executive highlighted that the resolution of geopolitical tensions could unlock capital for energy companies that have been sidelined or operating under heightened risk premiums.
The outlook for energy IPOs contrasts with recent signals from US Treasury Secretary Scott Bessent, who has suggested that energy-driven inflation pressures are likely to ease.
Bessent’s comments indicate a potential normalization of price pressures, which could further stabilize the macroeconomic environment for new listings.