Strong Shale Profits Free up Cash for Debt Repayment
January 11, 2023
Shale companies have made strides paying down debt since the start of the pandemic.

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...

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