Saturday, August 2, 2025

Pickens is in Cash, Waiting for Recovery: Bloomberg

From Bloomberg Oil tycoon T. Boone Pickens, who made and lost fortunes targeting some of the largest U.S. explorers over the past 40 years, has cashed out as the worst crude market downturn in decades drags on. Pickens has sold all his oil holdings and is waiting for the best moment to get back in, he said Thursday in an

Goodrich Petroleum Amends Unsecured Notes And Preferred Stock Exchange Offers

Goodrich Petroleum Corporation (OTC Markets: GDPM) (the “Company”) today announced that pursuant to comments received by the Securities and Exchange Commission (“SEC”), it has amended its offers to exchange (previously announced on January 26, 2016)  newly issued shares of common stock, par value $0.20 per share (the “Common Stock”), for any and all of its outstanding unsecured notes (the “Existing