March 10, 2021
Why US Shale and Oil Producers May Struggle to Stage a Comeback Even as Crude Prices Rally
Lee Maginniss, National Leader of Corporate Performance Improvement’s Energy practice, explains in the UAE-based The National the outlook for U.S. shale industry, including growth potentials, challenges in securing capital, and mergers and acquisitions.
“The US energy sector will continue to see such activity in the ‘small and mid-cap market’ where companies will look to merge and create scale, said Mr. Maginniss.
“However for the industry at large, ‘it's a relatively flat outlook, that the companies are expressing today’, he added.”