Selling The Shale Boom [CHART]

Selling The Shale Boom [CHART]
Shale Boom Towns

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

Short-Seller Spruce Point Highlights Its Latest Canadian Consumer Short: Saputo

InvestReputed short-seller Spruce Point Capital Management released its latest short report this week. The firm is shorting Canadian dairy and grocery manufacturer Saputo. Spruce Point chief Ben Axler believes the company is entering a phase of declining growth and highlights the financial stress and growing challenges he sees it facing, not only in Canada but Read More

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