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Key to Surviving the Oil Bust: Beware Bankers Bearing Cheap Debt

2016-01-26 23:02:29| Energy - Topix.net

During the go-go days of $100 oil, bankers swarmed into Travis Stice's office in downtown Midland, Texas, trying to sell him on the wonders of easy credit. He didn't bite, not even when equity analysts groused that Diamondback Energy Inc. would grow a lot faster if he'd just spend more of other people's money.

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