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Key to Surviving the Oil Bust: Beware Bankers Bearing Cheap Debt

2016-01-26 15:19:16| Oil & Gas - Topix.net

During the go-go days of $100 oil, bankers swarmed into Travis Stice's office in downtown Midland, Texas, trying to sell him on the wonders of easy credit. He didn't bite, not even when equity analysts groused that Diamondback Energy Inc. would grow a lot faster if he'd just spend more of other people's money.

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Moody's reviews debt ratings for some companies due to low oil and gas prices

2016-01-22 17:30:03| Oil & Gas - Topix.net

The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices. Among the biggest names on the list is Calgary-based Precision Drilling , which owns and operates fleets of rigs used by oil and gas companies in Canada, the United States and other countries.

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Lew pushes for Puerto Rico debt deal

2016-01-20 20:37:30| BBC News | Business | UK Edition

US Treasury Secretary Jacob Lew urges Puerto Rico's creditors to make sacrifices to allow the territory to restructure its debt.

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Personal debt in Britain 'tops 180bn'

2016-01-20 12:20:04| BBC News | Business | UK Edition

Personal debt in Britain is now more than 180bn, research has found, and November 2015 saw the biggest monthly increase in borrowing since the financial crisis.

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Ecolab Debt Rises, But Dividend Remains Solid

2016-01-15 17:13:04| Chemicals - Topix.net

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.

Tags: solid remains debt dividend

 

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