I have been holding EEG for a number of years now and over the...

I have been holding EEG for a number of years now and over the last year this company has seemingly made huge progression and the share price hasn't moved. We have now been on a downtrend for the last 6 months all while positive announcements keep coming.

What is the reason for this? Is it people in general don't want to invest in fracking and are moving away from the space? Is it people with high appetites for risk are moving into other spaces with higher probability's for returns? It is macro factors effecting the entire market/ industry?