Why Is The Shale Industry Still Not Profitable?
Green Car Congress
JANUARY 31, 2018
Riyadh-based Al Rajhi Capital dug into the financials of a long list of U.S. shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” The average return on asset for US shale companies “is still a measly 0.8 Link to original article: [link].
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