Magnum Hunter Turns $891 Million Debt to 127% Gain on Shale
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Even in a business whose lifeblood is borrowing, Magnum Hunter Resources Corp. stands out.
The Houston-based shale driller owes $891 million -- about 70 times more than its earnings before interest, taxes, depreciation and amortization, or Ebitda, in the past year, according to data compiled by Bloomberg. The industry average is