Can Anything Help Restore Wall Street's Confidence In U.S. Shale?
Premium Content Can Anything Help Restore Wall Street’s Confidence In U.S. Shale? By Tsvetana Paraskova - Feb 04, 2021, 6:00 PM CST Rallying oil prices are testing once again the U.S. shale patch’s resolve to spend within their means and prioritize profitability over production growth. U.S oil prices above $55 a barrel are also testing the patience of investors with American oil producers, and investor hopes that this time around shale firms will keep, for a change, their promises to stay disciplined in spending for drilling. The higher the price of oil, the greater the temptat...
Source: oilprice.com