Post Tagged with: "Balance Sheet"
Enbridge Sells U.S. Midstream for $1.1 Billion
Enbridge Inc. (ticker: ENB) said its indirect subsidiary, Enbridge (U.S.) Inc., has entered into an agreement to sell Midcoast Operating, L.P. and its subsidiaries to AL Midcoast Holdings, LLC (an affiliate of ArcLight Capital Partners, LLC) for a cash purchase …
Superior Drilling Products Reduces Loss to $.01, Drops Debt by 23%, Expects Strong Growth in 2018
Superior Drilling Products, Inc. (ticker: SDPI) had a net loss of $786 thousand in Q4 2017, or $(0.03) per share. For 2017, the company had a net loss of $279 thousand, or $(0.01) per share. Superior reduced debt by $3.9 …
A Point of Light: Diamondback Energy’s Offering of 1.75 Million Shares
Permian Operator Will Use Equity Proceeds to Pay Debt
While the oil and gas industry is battening down the hatches, issuing bailing buckets to all hands and looking for a solid toehold as forty-six dollar crude oil sloshes under and …
Balance Sheet an Asset for these Small-Mid Cap E&Ps
Earnings season is approaching, and balance sheets will carry more weight than they have in years.
The oil price slide has resulted in a much greater debt to market cap percentage across the oil and gas sphere. In EnerCom’s E&P …
