Current WLL Stock Info

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16
U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin to report their 2016 guidance from this time last year when prices were still in the $40-$50 range. Many U.S. shale producers last year stressed that they could continue pumping, and indeed shale production proved much more resilient than many expected.

A year later, however, with oil prices thus f...

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