Any good oil & gas company can leverage debt very successfully in my opinion if they a) acquire or expand cash flows with it b) oil prices do not go upside down significantly and c) they line up their PDP / PUD numbers and Capex programs to meet the burden of servicing the debt successfully.
$GSX would be nice to pick up their assets out of bankruptcy or liquidation or BOTH LOL.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.