↧
Long-term investors should be wary of rapidly declining energy assets, PE...
In the last three decades, up to three-quarters of all upstream companies have “destroyed shareholder value,” yet Wall Street investors prize some wonky metrics over the inevitable: Oil-producing...
View ArticleShale debt crunch could intensify in April
U.S. oil companies could see the amount of money they can borrow shrink significantly next April when banks reassess credit conditions amid falling oil prices.
View ArticleWorst oil bust in 45 years brings US crude below $31 a barrel
The oil bust that has cost the United States roughly 70,000 energy jobs has become more severe than any downturn in 45 years, Morgan Stanley said Monday, as crude prices fell a sixth day.
View Article