The U.S.shale industry has undergone a tortuous time of restructuring since the commodity price downturn that began in late 2014.A number of players have gone under,while the sector as a whole has had to severely alter the financial strategies that have long characterized the business,particularly the tendency to outspend cash flow.Still,the U.S.shale industry is not going bankrupt by any means,according to a recent note from independent energy research and business intelligence firm Rystad Energy.
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