January 19, 2021

Caution reigns ahead of oil industry's Q4 results

Wall Street’s hesitance about oil and gas makes it more challenging for oil and gas companies, Lee Maginniss tells Houston Chronicle. 

“Capital markets have moved away from U.S. oil and gas investments for the most part,” said Lee Maginniss, managing director of Alvarez & Marsal’s corporate improvement energy practice. “Without access to capital, it’s very hard to take advantage of any opportunities.”

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