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home / news releases / XOP - Shale firms explore costly financing options as traditional methods dwindle


XOP - Shale firms explore costly financing options as traditional methods dwindle

  • The companies behind the U.S. fracking boom are turning to asset sales, drilling partnerships and other alternative - and costly - financing to supplement their cash flow as they face dwindling access to traditional sources of capital after routinely failing to turn a profit for years, according to a WSJ analysis.
  • More news on: Pioneer Natural Resources Company, Energy Select Sector SPDR ETF, Vanguard Energy ETF, Energy stocks news, News on ETFs,
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Stock Information

Company Name: SPDR S&P Oil & Gas Explor & Product
Stock Symbol: XOP
Market: NYSE

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