Bethany McLean argued in a recent New York Times piece that some exploration and production companies that drill and frac horizontal oil and gas wells are on shaky financial footing due to the fact that most don't make money….
Mike Shellman at Oily Stuff, pens the best blog on the oil business. He often writes regarding the unsustainability of the shale drilling business model. In his most recent post, he commented on a recent report that Haynes & Boone released on what sources companies are using to raise capital to fund their 2018 exploration and production efforts….
As yall are well aware, Berlin's finance (that's "fuhnance") prowess is on par with her triple lutz, triple toe, which is non-existent. That being said, Berlin does know that as an stockholder one has claim to the future profits of the firm...