Opinion: Expect A Wave Of Consolidation In The Oil Industry

Green Car Congress
By mmillikinJun 24, 2015, 4:32 am73 pts
by Leonard Brecken of Oilprice.com As stated previously, asset monetization by small E&P operators will start in earnest in the second half of this year out of cash flow necessity. Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash…

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