Shale companies have made strides paying down debt since the start of the pandemic.
Strong Shale Profits Free up Cash for Debt Repayment
January 11, 2023
The U.S. shale industry’s balance sheet is finally getting out of the red.
After carrying enormous debt loads for more than a decade, frackers have paid down billions of dollars in debt since the start of the coronavirus pandemic, capitalizing on higher commodity prices and sticking to austerity pledges...
The Gulf Coast is poised to be a major hub for underground disposal of greenhouse gas to mitigate climate change, but questions remain over who will fund it long-term.
