The split will increase productivity and efficiency as the seperate companies can focus more on their respective business. The company is also poised to profit from the booming shale plays (Niobrara, Eagle Ford Shale, Bakken Shale) as they increase… More
Yes, MRO caught a downgrade so I cashed in and am still shorting energy. Wrong and stubborn so far on that latter sector bet (though the last few days have been an eensy consolation prize). Still, current prices and spreads strike me as unsustainable… More