U.S. shale industry may "finally turn a profit"

Tuesday, 31 July 2018

Financing models of the U.S. shale oil & gas industry has for long been characterised by negative free cash flow as expectations of rising production and cost improvements led to continuous overspending in the sector. Over the last few month, however, IEA analysts have notice a “notable improvement in financial condition,” though the overall health of the industry remains fragile.


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Last modified on Tuesday, 31 July 2018 05:56
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