Oil and gas MLP hires a restructuring advisor and maxes out its credit facility.
The company has set itself up for a big rebound, if oil prices cooperate.
One company, two completely different stock directions. Who say the market is logical?
Changes to the company's growth and dividend plans for 2016 and beyond, and some color about how Spectra plans on getting DCP midstream back on its feet should be at the top of investors' checklists this quarter.
A tough start could get even tougher.
Investor enthusiasm caused Gulfport Energy, Range Resources, Cabot Oil & Gas, Southwestern Energy, and Eclipse Resources to rally sharply this week.
The continuing crude oil price crash isn’t the risk facing this Permian Basin driller.
After years of debt-fueled growth, oil companies will spend the next few years delevering.
The bottom for oil, the end of upstream master limited partnerships, and a megamerger.
Only if oil prices rebound sharply.