Stock market rout doubles pain for energy firms that took shares for deals
Energy investor EnCap Investments
pulled off a rarity in the U.S. shale business earlier this
month, the $2.5 billion sale of oil producer Felix Energy to
rival WPX Energy Inc, striking a deal at a time when energy
mergers have all but dried up.
pulled off a rarity in the U.S. shale business earlier this
month, the $2.5 billion sale of oil producer Felix Energy to
rival WPX Energy Inc, striking a deal at a time when energy
mergers have all but dried up.
Posted by Reuters
