Shale play producer equities take big hit on Friday November 28

Shale producer equities experienced their largest one day decline as a group on November 28, 2014 in reaction to the OPEC announcement from the previous day stating they would not be curtailing production.  The OPEC announcement resulted in an over 10% decrease in WTI taking oil down to prices not seen since May 2010 and in 2009.

Shale Play Producer Equity Returns Dec 1 2014

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s