TSX:HSE.PR.B - Post by User
Post by
oilandgasmickon Feb 08, 2016 6:20pm
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Post# 24537442
Shale bust setting in fast now
Shale bust setting in fast nowhttps://www.reuters.com/article/us-chesapeake-restructuring-idUSKCN0VH1F2 The bust is gaining momentum. These guys are natural gas players but it is relevant to HSE. The debt laden energy companies with no midstream or downstream assets are going to start falling by the wayside now. Just 2 months ago a lot of U.S. analysts still had Chesapeake as a strong buy. Now down 30% in a single day. Many more Ponzi players will follow in 2016. Stay tuned, the outhouse is caving in. I still say that HSE will survive.