Rachel Butt is a journalist who covers alternative investment firms at Business Insider. Before joining BI, Rachel reported on emerging markets for Bloomberg News. Her work has also appeared in Commercial Observer, The News & Observer, and The South China Morning Post.
Though oil prices have recovered from their most depressed levels reached in 2016, the continued low-price environment has changed the formula – literally – for investing in stateside oil production. Current prices hover around the $60 per barrel area, up substantially from trough levels below $30 per barrel back in 2016, but well below the $100 level that inspired many highly-levered operators to take out even more debt to fund production.
Comerica is over a decade removed from transplanting its headquarters to Dallas from Detroit in order to chase business in the oil patch. The strategy worked – and now the bank continues to face the fallout from its massive buildup in energy exposure. It’s one of many regional banks seeking to unload portfolios of loans tied to distressed exploration and production (E&P) companies as oil prices stubbornly remain below $50 per barrel, sources told Debtwire.
Arhaus LLC has appointed GlassRatner Advisory & Capital Group as chief restructuring officer, two sources close to the situation said. This complements the co-advisory roles of Piper Jaffray and Candlewood Partners to explore a refinancing. The Ohio-based furniture maker has 60-plus stores nationwide and also sells high-end wares online. It has been facing account receivable issues on delinquent accounts and squeezed margins, as Debtwire previously reported.
SAExploration Holdings $SAEX posts 4Q17 adj. EBITDA of USD 11m, down ~70% YoY from USD 36.1m; CEO Jeff Hastings said 2017 was the "most challenging period" in co.'s history due to "persistent low levels of exploration spending"
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".