Evolution Petroleum

  • Five Exploration and Production Companies with No Debt

    By Eric Fox - September 7, 2012 | Tickers: CIE, MCF, EPM, GTE, SN

    Many exploration and production companies look to grow oil and gas production and reserves as rapidly as possible, as a means of creating value.  These companies frequently utilize debt to fund these aggressive growth programs and end up with problems when commodity prices fall. Despite this industry preference for debt financing, there are still some exploration and production companies that shun debt and operate without borrowing.

    Debt Free

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