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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,441 Blog Posts

Goldman Raises $224 Million in Secondary Offering For Concho Resources

Dr. Fly Mon Mar 21, 2016 4:41pm EST 1 Comment

The recent respite in crude prices has provided the market with the necessary illusion that all is well, allowing for massive capital raises amongst some of the better positioned energy firms.

The god fearing folks over at Goldman filed an S-3 after the bell, raising $224 million for CXO at a proposed price of $101.40, about $3 below today’s closing price.

Indeud.

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One comment

  1. vandamme
    vandamme
    March 21, 2016 at 10:08 pm

    Lol what could go wrong?

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