Look How Far Shale Operator Debt Has Fallen -- February 24, 2019

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Title : Look How Far Shale Operator Debt Has Fallen -- February 24, 2019
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Look How Far Shale Operator Debt Has Fallen -- February 24, 2019

See this note, where it all started.

Back in the day:
  • 2012: $62 billion -- whoo-hoo!
  • 2014: $58 billion -- whoo-hoo!
  • 2016: $57 billion -- wow!
But now,
  • 2017, just over a year ago, down to $33 billion -- half what it was five years earlier
  • 2018, last year, $22 billion, about what it was eleven years ago 2007

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Putting Things Into Perspective

Go ahead, you guys worry about debt and equity/debt ratios, I'm having a salmon dinner! Whoo-hoo!




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