Private E&Ps Lead US Drilling Recovery

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  • Private E&P companies have led the drilling recovery in the US shale patch as publics have largely kept promises to investors to rein in growth.
  • However, private operators face the same supply-chain issues the publics do, and are unlikely to ramp up growth quickly.
  • Private operators played big roles in three big deals announced last week and the trend is expected to continue.

The Issue

Shale, M&A, Independent E&Ps, Corporate Strategy , Capital Spending, Rig Count
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