Whether the market wants to sell off or wants to again go back and challenge all-time highs, a slew of companies have filed to raise billions of dollars worth of capital. Some will go into company coffers, some will be used for buying other companies, and some will simply go to insiders and backers who wanted to sell a huge block of stock. Whatever the reason, there have been more than a dozen companies with planned or priced secondary offerings this week alone — with a tally of total capital looking like it will be more than $4 billion!

24/7 Wall St. has tracked most of these offerings. Amazingly, this list does not even include some of the smaller offerings from microcap stocks that were too small to include. You will notice that many are energy companies looking to bolster their capital.

This review includes the joint book running firms to show who is doing the underwriting. In some cases, the dollar amount was approximated, based on recent trading prices, or the share count was rounded to keep it simple. That being said, some of the actual offerings or pricings may change, or they may have already changed.

These are the many companies raising over $4 billion this week or very soon.

Callon Petroleum
> Stock Offering: 9.0 million shares
> Total Raised: $59.0 million
> Market Cap: $344 million

Callon Petroleum Co. (NYSE: CPE) priced 9 million shares of common stock with an overallotment option for 1.35 million shares. J.P. Morgan is the sole underwriter for this offering. Callon is an independent energy company focused on the acquisition, development, exploration and operation of oil and gas properties in the Permian Basin in West Texas. At the close of Tuesday’s trading session, shares were down 12% at $6.18. The stock has a consensus analyst price target of $9.42 and a 52-week trading range $4.09 to $12.09.

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Calumet Specialty Products
> Stock Offering: 6.0 million units
> Total Raised: $160.5 million
> Market Cap: $1.7 billion

Calumet Specialty Products Partners L.P. (NASDAQ: CLMT) priced 6 million common units for sale at $26.75 per unit, totaling $160.5 million. The underwriters for this offering were Barclays, Wells Fargo, J.P. Morgan, Merrill Lynch, RBC Capital Markets, Goldman Sachs, Credit Suisse, Deutsche Bank, Raymond James and Scotia Howard. Calumet is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. Shares closed down 11.2% at $24.70. The consensus analyst price target is $31.22, and the 52-week trading range is $18.66 to $33.30.

CyberArk Software
> Stock Offering: 4.0 million shares
> Total Raised: $230.36 million
> Market Cap: $1.6 billion

CyberArk Software Ltd.’s (NASDAQ: CYBR) selling shareholders are to offer 4 million shares, with an overallotment option of 600,000 shares, at a proposed maximum offering price per share of $57.59. The underwriters for this offering are Goldman Sachs, William Blair, Deutsche Bank, Nomura, Barclays, Merrill Lynch and Oppenheimer. CyberArk develops, markets and sells software-based IT security solutions that protect organizations from cyberattacks in the United States and internationally. CyberArk shares closed down 5.4% at $54.70. The stock has a consensus price target of $46.88 and 52-week trading range of $22.12 to $70.48.

Enbridge Energy Partners
> Stock Offering: 8.0 million units
> Total Raised: $293.6 million
> Market Cap: $12.0 billion

Enbridge Energy Partners L.P. (NYSE: EEP) priced 8 million Class A common units for limited partners at $36.70 per unit. The underwriters for the offering are Barclays, Citigroup, J.P. Morgan and Morgan Stanley. Enbridge Partners owns and operates a diversified portfolio of crude oil and, through its interests in Midcoast Energy Partners, natural gas transportation systems in the United States. Shares of Enbridge closed Tuesday down 4.3% at $36.30. The stock has a consensus price target of $40.31. The 52-week trading range is $26.00 to $41.68.

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EQT Midstream Partners
> Stock Offering: 8.2 million units
> Total Raised: $660.0 million
> Market Cap: $4.9 billion

EQT Midstream Partners L.P. (NYSE: EQM) announced that it will have a public offering of 8.25 million units to fund a portion of the purchase price of its acquisition of the Northern West Virginia Marcellus Gathering System and a preferred interest in an EQT subsidiary. Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers, and the underwriters will be given a greenshoe option to purchase up to an additional 1,237,500 common units. EQT provides natural gas transmission, storage and gathering services in southwestern Pennsylvania and northern West Virginia. Shares of EQT closed up about 1% at $80.46 on Tuesday. The consensus price target is $105.27, and the 52-week trading range is $63.26 to $102.51.

Imperva
> Stock Offering: 3.0 million shares
> Total Raised: $123.0 million
> Market Cap: $1.0 billion

Imperva Inc. (NYSE: IMPV) files to sell 3 million shares of common stock, with an overalottment option for 450,000 shares. No other terms were given for the offering. According to the recent closing price, this offering would be valued at approximately $123 million. The underwriters for the offering are Morgan Stanley, Macquarie Capital, Deutsche Bank, Pacific Crest, RBC Capital Markets and Nomura. Imperva develops, markets, sells, services and supports cybersecurity solutions that protect business-critical data and applications in the cloud or on premises worldwide. Shares of Imperva closed down 9.8% at $41.00 in Tuesday’s trading. The stock has a consensus analyst price target of $48.20 and a 52-week trading range of $18.40 to $63.46.

Main Street Capital
> Stock Offering: 3.8 million shares
> Total Raised: $115.3 million
> Market Cap: $1.4 billion

Main Street Capital Corp. (NYSE: MAIN) filed to sell 3.8 million shares with an option for 570,000 additional shares. No pricing terms were given, but based on the closing price we can estimate the value of the offering at roughly $115.25 million. The underwriters for the offering are Raymond James, Baird, RBC Capital Markets and Sanders Morris. Main Street is a business development company specializing in long-term equity, equity related and debt investments in small and lower middle market companies. Tuesday, Main Street’s stock closed down 2.6% at $30.33. The stock has a consensus price target of $34.20. The 52-week trading range is $26.42 to $35.00.

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Pinnacle Foods
> Stock Offering: 14.3 million shares
> Total Raised: $523.9 million
> Market Cap: $4.0 billion

Pinnacle Foods Inc. (NYSE: PF) filed to sell 14.3 million shares of common stock for holders such as Blackstone Group. At current prices the offering would be valued up to $523.95. The sole underwriter for the offering is Credit Suisse, and the selling stockholders will receive all the proceeds from this offering. Pinnacle Foods manufactures, markets and distributes branded convenience food products in North America. Shares closed down 1% at $36.64 on Tuesday. The consensus price target is $38.00, and the 52-week trading range is $28.48 to $37.18.

Portola Pharmaceuticals
> Stock Offering: 2.5 million shares
> Total Raised: $99.8 million
> Market Cap: $2.0 billion

Portola Pharmaceuticals Inc. (NASDAQ: PTLA) priced almost 2.5 million shares at $40 apiece, with an option for 374,348 additional shares. The underwriters for the offering are Morgan Stanley, Credit Suisse, Cowen and Sanford C. Bernstein. Portola is a biopharmaceutical company developing product candidates focused on the fields of thrombosis and other hematological diseases. Shares of Portola closed down 5.7% at $39.89. The consensus price target is $51.00. The 52-week trading range is $19.59 to $43.63.

Rosetta Resources
> Stock Offering: 12.0 million shares
> Total Raised: $206.0 million
> Market Cap: $1.0 billion

Rosetta Resources Inc. (NASDAQ: ROSE) plans to sell 12 million shares of common stock and expects to raise $206 million. The sole underwriter for the offering is Morgan Stanley. Rosetta is an independent exploration and production company engaged in the acquisition and development of onshore unconventional resource plays in the United States. Shares of Rosetta closed Tuesday down 6.5% at $16.79. The stock has a consensus analyst price target of $25.03 and a 52-week trading range of $15.92 to $55.45.

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Sunoco Logistics Partners
> Stock Offering: 13.5 million units
> Total Raised: $582.6 million
> Market Cap: $10.0 billion

Sunoco Logistics Partners L.P. (NYSE: SXL) has commenced a public offering of 13,500,000 common units in order to repay outstanding borrowings under its $1.5 billion revolving credit facility and for general partnership purposes. Based on the most recent closing price, the offering could be valued at approximately $582.66 million. Morgan Stanley, Barclays, Merrill Lynch, Goldman Sachs and others were listed as the joint book-running managers for the common unit offering. Sunoco transports, terminals and stores crude oil, refined products and natural gas liquids. Shares of Sunoco closed up 3.2% at $43.16. The stock has a consensus price target of $51.27. The 52-week trading range is $35.61 to $52.47.

Tetraphase Pharmaceuticals
> Stock Offering: 3.5 million shares
> Total Raised: $124.4 million
> Market Cap: $1.0 billion

Tetraphase Pharmaceuticals Inc. (NASDAQ: TTPH) announced an offering of 3.5 million shares of common stock. No terms for the price have been set, but we can estimate that the offering is valued up to $124.36 million from recent prices. The underwriters for the offering are BMO Capital Markets, Stifel, Guggenheim, Nomura and SunTrust. Tetraphase is a clinical-stage biotech company using its proprietary chemistry technology to create antibiotics for multidrug-resistant bacterial infections. Shares of Tetraphase closed down 1.3% at $35.53. The stock has a consensus price target of $45.50 and a 52-week trading range of $8.01 to $44.55.

West Corp.
> Stock Offering: 11.0 million shares
> Total Raised: $359.6 million
> Market Cap: $2.8 billion

West Corp. (NASDAQ: WSTC) is selling 11 million shares of common stock by its existing shareholders, but the company is buying a million back in a private transaction. No terms on pricing have been given on the offering, but we can estimate based on Tuesday’s close that the offering will be valued at approximately $359.59 million. The underwriters for the offering are Goldman Sachs, Morgan Stanley, Merrill Lynch, Barclays, Citigroup, Deutsche Bank and Wells Fargo. West provides communication and network infrastructure solutions that include unified communication services, safety services, interactive services such as automated notifications, telecom services and specialized agent services. Shares closed down 6% at $32.69. The stock has a consensus price target of $36.78 and a 52-week trading range of $23.00 to $35.98.

Zayo Group
> Stock Offering: 16.0 million shares
> Total Raised: $449.6 million
> Market Cap: $6.7 billion

Zayo Group Holdings Inc. (NYSE: ZAYO) has a secondary offering for 16 million shares. The company is offering 4 million shares of common stock and the selling stockholders are offering 12 million shares of common stock. No details have been given yet on the pricing of the offering, but based on the most recent close we can estimate that the value of the offering is approximately $449.6 million. There is an overallotment option for an additional 2.4 million shares. The underwriters for the offering are Goldman Sachs, Barclays, Morgan Stanley, RBC Capital Markets, J.P. Morgan, Citigroup and SunTrust. Zayo provides comprehensive bandwidth infrastructure services in over 300 markets throughout the United States and Europe. Zayo shares were up nearly 7% at $28.10 to close out Tuesday. The stock has a consensus price target of $30.21 and a 52-week trading range of $21.21 to $32.18.

Zendesk
> Stock Offering: N/A
> Total Raised: $200.0 million
> Market Cap: $1.7 billion

Zendesk Inc. (NYSE: ZEN) filed to sell up to $200 million of common stock, however there was no details on the pricing in the filing. The underwriters for the offering are Goldman Sachs, Merrill Lynch, Pacific Crest Securities, Morgan Stanley, Credit Suisse and Canaccord Genuity. Zendesk is a software development company that provides software as a service customer service platform for organizations. To end Tuesday’s trading session, shares of Zendesk was down 3.5% at $22.20. The stock has a consensus price target of $29.33 and a 52-week trading range of $11.06 to $28.20.

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A summary of each offering has been set below, with each amount representing the approximate millions of dollars. Again, they may not be exact numbers and may have changed, but the $4 billion being raised is even an understatement.

• Callon, $59.00
• Calumet, $160.50
• CyberArk, $230.36
• Enbridge, $293.60
• EQT, $660.00
• Imperva, $123.00
• Main Street, $115.25
• Pinnacle, $523.95
• Portola, $99.80
• Rosetta, $206.00
• Sunoco, $582.66
• Tetraphase, $124.36
• West, $359.59
• Zayo, $449.60
• Zendesk, $200.00

TOTAL: $4,187.67

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