- Tight Gas & Oil
- Gas Hydrates
Sabine said March 16 that it is considering “strategic alternatives” to its capital structure following legal action by bondholders seeking $584 million. The company has been served a notice of default by its lender.
Deal activity flounders as Cabot Oil & Gas Corp., Energen Corp., Diamondback Energy Inc., Gulfport Energy Corp. and others are said to be companies that may be targeted for deals but would command premiums, analyst says.
Price might need to deteriorate further for U.S. production to resume as some companies are building a war chest of wells ready to pump when WTI rebounds.
|7 Day Trend||107 (-1)|
|30 Day Trend||425 (-171)|
|1 Year Trend||10661 (+1831)|