Post Tagged with: "US energy producers"

Source: Reuters

ANALYSIS-Private U.S. energy producers tap niche funding as bank lines dry up

Nasdaq


Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their production, providing a funding avenue for producers and owners as traditional sources become more expensive or simply dry up.

 

Known as …

December 20, 2022 - 3:30 pm Uncategorized
Source: nasdaq.com

U.S. oil producers to slash spending for second straight year in 2020

Reuters


U.S. energy producers plan to slash spending for a second straight year in 2020 as companies struggle to extract profits from the U.S. shale boom.

While U.S. crude output hit a record 13 million barrels per day (bpd) this …