Some interesting stats in this article including the mind bender below. Hat tip to a reader for sending this along.
The expected windfall from free cash flow this year is just one-tenth of the $300 billion in net negative cash flow the U.S. shale industry has lost in the 15 years since the first shale boom, per Deloitte estimates from last year.
One thought on “New Era”
Do you think this is somewhat negative for TPL given it’s reliance on production growth?
Comments are closed.