By Wolf Richter for WOLF STREET. Distressed debt exchanges are an alternative by companies to restructuring their unmanageable debts in a bankruptcy court, if they can get their creditors to agree to what are usually haircuts of some […]
The US shale oil industry faces a barrage of lawsuits alleging some of the largest companies in the sector colluded to curb output and raise prices, after similar claims were made by US antitrust regulators. […]
NEW YORK, May 13 (Reuters) – Oil prices rose on Monday, as signs of improving demand in the U.S. and China, the top two oil consumers, aided the bounce from the previous session’s $1 a […]
Second-lien mortgages to the rescue of the battered mortgage industry. It’s expensive to benefit from your home equity unless you sell the home. By Wolf Richter for WOLF STREET. The problem for Wall Street is that homeowners are […]
As Africa seeks to improve its supply of and access to refined petroleum products, a midstream and downstream-focused panel will explore investment opportunities in the sector at the Invest in African Energy (IAE) forum, kicking off next week in […]
A recent McKinsey report reckoned the world would need to spend $275tn (£221tn) by 2050 to reach net-zero. That is almost three times current annual world income and output. The sum is so large because […]
SilverBow needs experienced, independent directors who are capable and open to assessing all value enhancing alternatives to create significant long-term shareholder value Urges shareholders to vote “FOR” all three of Kimmeridge’s highly qualified, independent nominees […]
FORT WORTH, Texas, May 08, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended March 31, 2024. Highlights First Quarter 2024 […]
TULSA, OK, May 08, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported first-quarter 2024 financial and operating results. Supplemental slides have been posted to the Company’s website […]
Year-Over-Year Absolute Debt Reduction and Expense Improvements Black Bear Facility Strengthens the Company’s Midstream Value Chain and Integrates Complementary Long-life Infrastructure Assets BIRMINGHAM, AL / ACCESSWIRE / May 9, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) […]
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