Domestic EPs Still Walking Disciplined Capex Path, Moderating Drilling Plans

摘要

U.S. publicly traded producers appear to be embracing the “Shale 2.0” mantra of spending discipline and shareholder returns, with capital spending trending down from 2018, according to analysts. Several fnancial analysts in the past few weeks have dissected the fourth quarter results and conference calls by various exploration and production (EP) compa- nies to determine whether capital expendi- tures (capex) and development will measure up to 2018 or decline.