Drillers cap record year for stock sales with December surge

Wall Street investors poured cash into nine U.S. shale drillers that issued new shares in December, the industry’s most active month in a record year for such offerings. As OPEC struck international deals to curb oil production and crude prices surged last month, Diamondback Energy, Gulfport Energy Corp. and other U.S. drillers raised $3.3 billion, ...