The shale drillers are combining in an all-stock merger of equals, creating an entity with a combined market value of about $6 billion. The move could help them weather the prolonged slump in oil demand amid the Covid-19 pandemic Read More WSJ.com: Markets...

The company had sought to assuage investor concerns about its liquidity following a steep selloff, and some investors took advantage of its distressed U.S.-dollar-bond prices to scoop up the junk-rated debt. Read More WSJ.com: Markets...