Andres Rueda
Value, long-term horizon

The Forest Oil Corporation Merger: Two Debt Drunks Leaning Against Each Other?

The story of Forest Oil Corporation (NYSE:FST) has been long and painful for investors. Ten years ago, on July 30, 2004, the company's shares closed at USD$28.29, and were on a smooth upward trend which became frenetic as the fracking revolution picked up steam. The stock soared to a price of USD$77.97 on July 1, 200...

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