SEA OF RED: Majority Of U.S. Shale Companies Took A Beating Q1 2019

The overwhelming majority of U.S. shale companies were hit hard due to lower oil prices in the first quarter of the year.  Just about every shale company that I keep track of suffered negative free cash flows in Q1 2019.  This was quite a surprise as Rystad Energy claimed that the breakeven price for U.S….

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