Helping America Navigate a New Energy Reality

Quote – 13 Jul 2015

By on 13 Jul 2015 in quotes

The Economist has examined the books of the 62 largest listed exploration and production firms in America whose collective output is mainly from shale.  The results suggest many first are more vulnerable than the bullish noises from their bosses suggest.  There are three sets of concerns: the juicing-up of the results announced for the first quarter of 2015; high leverage; and the industry’s returns on capital.”

The Economist, July 4th issue

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