U.S. shale companies have a cash flow problem
Monday, 04 February 2019
Despite rising oil prices and production levels U.S. gas fracking companies are continuing to lose money, according to a review of the Institute for Energy Economics and Financial Analysis (IEEFA). In the third and fourth quarter of 2018, the 32 mid-size U.S. exploration companies reported nearly $1 billion in negative cash flows.
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