Comprehensive Real-Time News Feed for Midland, TX.
Results 1 - 2 of 2 for "u:online.wsj.com" in Midland, TX
MIDLAND, Texas-As a financial storm lashes the U.S. oil patch, energy companies are seeking shelter in the closest thing the industry has to a port: a sprawling expanse of West Texas known as the Permian Basin. In fact, as drillers pull back in oil fields across the U.S., they are pumping more crude than ever in the Permian, according to some federal data. Comment?
Two energy producers raised cash by selling new shares, a sign that some opportunity remains for companies harmed by the recent slump in oil prices. Concho Resources Inc., which drills for oil in West Texas and New Mexico, announced plans after market hours Wednesday to sell up to 8.05 million shares to pay down debt and fund acquisitions. Comment?
- « Previous
- Next »
Copyright © 2016 Topix LLC