When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shale oil appears to be the place where cash goes to burn. For Q1'19, only 10% of shale companies have a positive balance from cash flow from operating activities. The current gap between capital expenditures and cash flows from operating activities is $4.7 billion, meaning that shale companies are spending a lot more than they are making.
There is speculation that the industry is frontloading production as they use more and more extravagant drilling techniques. Lateral lengths have increased 44% since 2012, and water used in the drilling