Bankruptcies will continue for US shale plays. Fracking is not cheap, when you have 70%+ declines in the first year.
What has been cheap is the debt that has been racked up. Some estimates have it around $200 billion. Rising interest rates in the US should push more to the wall after March end.
Bankruptcies will continue for US shale plays. Fracking is not...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.86 |
Change
-0.180(2.24%) |
Mkt cap ! $25.52B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $7.94 | $7.86 | $50.92M | 6.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13931 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |