Tag: shale

Substantial shale profits free up more cash to reward investors

(Bloomberg) — Shale drillers saw their debt burden fall further in the second quarter, signaling extra room for them to pay dividends, buy back shares or make acquisitions. A metric commonly used to measure...

Shale drillers continue consistent output as oil field costs rise

(Bloomberg) — U.S. shale oil drillers continue to show little sign of responding to high global prices with more production, only now it's not just their focus on rewarding shareholders that's holding them...

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