Friday, March 29, 2024
HomeenergyShale oil players are cutting spending on drilling, and investors could reward...

Shale oil players are cutting spending on drilling, and investors could reward them

  • U.S. shale oil drillers are starting to cut their 2017 capital spending plans after oil prices slumped in the second quarter.
  • How investors respond to similar announcements going forward could determine whether they'll reward drillers for exercising financial discipline.

RELATED ARTICLES
- Advertisment -

Most Popular