Wed, Aug 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Price bust, credit crunch weaken monoliths

Posted on 18 December 2008

From Marketwatch.com: Record volatility in the commodities and credit markets is roiling the energy sector, turning once-stellar but highly-leveraged performers into potential takeover targets in what is poised to become a new wave of consolidation in the industry.

Chesapeake Energy Corp. is a textbook example. At the height of the bull market for commodities over the summer, the Oklahoma City-based natural gas company stood tall among giants in the energy business, with its market cap at $33 billion and the stock nearly $60 a share. …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31