OPEC can drive out the low margin companies, but that just means the oil resources go to stronger companies so the strategy won't work.
because 1964 gave them special protected rights like strong-arming a Missouri clerk and stealing expensive small cigars.
Some oil companies may be just weeks away from bankruptcy, analyst says
Aug 24 2015, 18:41 ET | By: Carl Surran, SA News Editor
The plunge in oil prices may lead to some oil companies going out of business within a few weeks, according to Energy Aspects senior oil analyst Amrita Sen, who points to Linn Energy ([LINE]], LNCO) and Energy XXI (NASDAQ:EXXI) as bankruptcy candidates after exhausting more than 75% of the credit available to them.
Sen names Midstates Petroleum (NYSE:MPO), Resolute Energy (NYSE:REN), W&T Offshore (NYSE:WTI), Breitburn Energy (NASDAQ:BBEP) and Comstock Resources (NYSE:CRK) as seeing their borrowing facilities "reduced the most" among companies tracked by the firm.
All, yes all, cancer drugs including IMET kill healthy cell, and cancer cells are clever and always eventually get around the drug treatment or learn to protect themselves.
Would have to be reassessed after that.
Buying hedges is expensive, very expensive on the higher oil price contracts. For that reason, many companies don't participate. Oil companies merge when times are difficult. Buy-outs are not in season.
company don't give out information that's not officially issued, but nice try though.
hey tony, geron doesn't have a product, perhaps that has something to do with the pps.
what a Neanderthal, 'warning' - that would give you a clue what to do.