Is the Shale Revolution Over?

Jeff Siegel

Written By Jeff Siegel

Posted July 3, 2013

  • Chesapeake Energy Corp (NYSE:CHK) has announced that it’s unloading oil and gas assets in the Eagle Ford and Haynesville shales. Exco Resources (NYSE:XCO) is the buyer, and the price tag – about $1 billion.
  • As I warned yesterday, Linn Energy (NASDAQ:LINE) investors were likely to feel the sting from a recently opened informal inquiry by the SEC. The stock sank nearly 20 percent, and while there may be a slight bounce this morning, I’ve already unloaded my position. The dividends were nice, but I’m just not a daredevil when it comes to this kind of stuff. I still like the company, but I don’t like the risk right now.
  • Think the shale revolution is here to stay? Maybe not. Energy analyst Keith Kohl dives into the uncomfortable world of decline rates, and you may not like what the data reveals. You can read more here.

Angel Publishing Investor Club Discord - Chat Now

Jeff Siegel Premium

Introductory

Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.