Investors splurge with $28 billion in U.S. driller stock sales this year

November 8, 2016 / By Surprise Valley Resources

Wall Street investors have poured an unprecedented sum of cash into U.S. drillers this year, providing cover from low prices and a chance to rearrange the board in oil-rich West Texas and Oklahoma. Oil extraction companies like Anadarko Petroleum Corp., RSP Permian and Oasis Petroleum have collected $28 billion in more than 60 secondary stock …
Source: FuelFix