U.S. Shale Oil Operators Score a Victory with Positive Cash Flow From Operations

The U.S. shale oil industry has been dogged by questions about profitability and overinflated production forecasts, but there is at least one spot of good news. According to Rystad Energy, the second quarter of 2019 marked the first three-month period in which U.S. shale oil developers secured positive cash flow from operations, even after accounting for capital expenditures.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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