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Re: mick post# 3188

Monday, 02/01/2016 5:02:57 AM

Monday, February 01, 2016 5:02:57 AM

Post# of 10728
$UWTI - According to data compiled by FactSet, aggregate net debt for U.S. oil and gas production companies increased from $81 billion at the end of 2010 to $169 billion by June 2015.

This debt will become increasingly more difficult to service over the next couple of years with interest rates rising and also, U.S. shale producers reported a deficit in cash flow of over $37 billion in 2014.

Purely My Own Opinion. Do Your Own Due Diligence.

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