Big Investors Are Getting Back Behind Oil Producers

From Business Insider:
Wall Street's smart money is falling back in favor with the beaten-down energy sector.
Large private-equity investors moved to the sidelines of energy-related corporate debt as the price of crude oil fell. 
These days, however, they are doing the due diligence that precedes making big deals on the sector's continued recovery, according to Thomas McNulty, a Houston-based director in the valuations and financial risk management practice at Navigant. 
These players are observing what may be a bottoming in the oil crash. 
Oil-field services companies, which were hardest hit by the oil downturn, are a good indicator for how the broader industry is turning, according to McNulty.
Read more by clicking here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

Is a Strong Oil Demand Expected This Year?