Institute for Energy Economics & Financial Analysis Update: In Extremis - Crisis Continues for Appalachian Shale Producers
March 26, 2020
March 26, 2020
CLEVELAND, Ohio, March 26 -- The Institute for Energy Economics and Financial Analysis issued the following news release on March 25:
Another year, another gusher of red ink.
Fracking (Exploration & Production) companies in Appalachia have failed to produce positive free cash flow each year for the past decade, according to an IEEFA analysis released today.
In a briefing note (In Extremis: Crisis Mounts for Appalachian Shale Producers), IEEFA analysts . . .
Another year, another gusher of red ink.
Fracking (Exploration & Production) companies in Appalachia have failed to produce positive free cash flow each year for the past decade, according to an IEEFA analysis released today.
In a briefing note (In Extremis: Crisis Mounts for Appalachian Shale Producers), IEEFA analysts . . .