Naming Names: Cash Flow Negative Energy Companies With Big Debt (XLE; XOP)

The proxies we use for 'the industry' are the S&P Energy Sector ETF (XLE) for the integrateds and the SPDR Exploration and Production ETF (XOP) for the smaller guys.

Both set new multi-year lows again today, XOP currently down 5.78% at $22.49 and the XLE at $50.23, down $2.95 (5.55%)

From ZeroHedge:


America's Cash Flow Negative Energy Companies Have $325 Billion In Debt Among Them



With