‘No White Knight Coming’: Distressed Natural Gas Producers Hunker Down Amid New Energy Reality

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‘No White Knight Coming’: Distressed Natural Gas Producers Hunker Down Amid New Energy Reality

‘No white knight coming’: Distressed natural gas producers hunker down amid new energy reality

Four months ago Michael Binnion had plans to virtually quadruple his company’s natural gas production and drill wells in its Montney land over the next two years. But as natural gas prices have collapsed, so too have his expansion plans. “We cancelled all of that. We are cutting all discretionary spending,” the president of junior company…

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Maverick Capital Slides 22.9% In Q1, Short Bets Yield Positive Returns [Exclusive]

investor 1652197064Maverick Capital's flagship hedge fund lost -22.9% in the first quarter of 2022 according to a copy of the firm's quarterly update, which ValueWalk has been able to review. The firm's flagship fund, Maverick Fundamental Hedge, accounts for $3.7 billion of the group's $8.1 billion of assets under management. Even after losses in the first Read More

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