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Sudden Backdraft in Oil Prices Likely to Crimp Earnings Outlooks, Boost M&A
2014-10-28 10:41:32| Oil & Gas - Topix.net
NEW YORK -- A sudden backdraft in oil prices could temper a host of earnings from energy bellwethers scheduled this week, led by Chevron . In the process, profit growth could lead to renewed interest in M&A to boost production profiles for some and asset sales for others due to less attractive ROI.
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prices
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Category:Energy and Environment
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