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Analyst: Bankruptcies Are Not Epidemic
2019-09-27 12:08:00| OGI
The U.S. shale industry has undergone a tortuous time of restructuring since the commodity price downturn that began in late 2014. A number of players have gone under, while the sector as a whole has had to severely alter the financial strategies that have long characterized the business, particularly the tendency to outspend cash flow.
Tags: analyst
epidemic
bankruptcies
Category:Industrial Goods and Services