The “Oil Bust of 2014” took a heavy toll on the gas industry — 69 oil and gas producers with $34.3 billion in cumulative secured and unsecured debt went under. After share prices peaked in 2014, the oil bust wiped out about $1 trillion in equity, causing the Dow Jones U.S. Oil & Gas Index to fall by 40%.
The gas operators that survived did so by tenacity, efficiency, a dedicated workforce and good management.
Meet the “Shale Survivors.”
Antero Resources Corp
2019 is shaping up t...
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