An analysis of 73 shale drillers found that almost all reported higher oil and gas prospects to investors than to the Securities and Exchange Commission (SEC). Chesapeake Energy Corporation (NYSE:CHK), Pioneer Natural Resources (NYSE:PXD), Marathon Oil Corporation (NYSE:MRO), Quicksilver Resources Inc (NYSE:KWK), Rice Energy Inc (NYSE:RICE) and Goodrich Petroleum Corporation (NYSE:GDP) illustrate the range of estimates within the industry. H/T Barry Ritholtz
Selling The Shale Boom
Source: Bloomberg
